Tony Wickenden: IHT abolition is not the answer
Prime minister Rishi Sunak must bear in mind the public perception of the fact nearly half the benefits of IHT abolition would go to those with estates over £2.1m.
Source: moneymarketing.co.uk
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What hope for simpler taxation for US citizens in France?
The year 2023 has seen several developments relating to the taxation of Americans abroad but the legal situation remains fraught
Source: connexionfrance.com
HMRC releases updated IR35 tool – but it still poses a threat to compliance
HM Revenue & Customs (HMRC) has updated the platform underpinning its IR35-related Check Employment Status for Tax (CEST) tool, claiming the change will improve how users interact with the service.
Source: bmmagazine.co.uk
How to record financial gifts (and avoid an inheritance tax nightmare)
More and more families are considering making lifetime gifts to try and avoid inheritance tax, a 40pc levy hitting estates above £325,000.
Source: yahoo.com
IR35: HMRC completes first phase of CEST upgrades with Ocelot platform migration
HMRC has confirmed that its online IR35 status checker tool has completed its migration to a new platform, as the government tax collection agency's revamp of the service continues apace
Source: computerweekly.com