The Chancellor’s Budget party piece marginally pre-empted Halloween this year. So did we get a Thriller or a Monster Mash (-up) of a Budget?
Well, given that some commentators believe we are on an economic Highway to Hell, there was at least a little trepidation in the air. Did Spreadsheet Phil deliver a trick, a treat, or a bit of both?
Before considering that, it’s worth noting that a Budget in October is unusual. However, there are two main reasons why this was the case this time around.
HM Revenue & Customs (HMRC) does not always inspire feelings of positivity and reassurance among the financial planning community.
Yet its latest guidance notes on the new Disclosure of Tax Avoidance Scheme (Dotas) reporting requirements may change all that. Technical Connection joint managing director Tony Wickenden explains.
HM Revenue & Customs (HMRC) has introduced a new trust registration service as part of its work to comply with anti-money laundering rules.
Here, Technical Connection joint managing director Tony Wickenden talks through the implications for financial services related trusts.
He explains the kinds of trusts and some different scenarios which are captured by the registration requirement, and those which aren't.
HM Revenue & Customs (HMRC) recently published guidance on which types of inheritance tax planning need to be reported under new avoidance scheme disclosure rules.
The criteria for what needs to be reported under the Disclosure of Tax Avoidance Scheme (Dotas) rules changed in April.
In this video, Technical Connection joint managing director Tony Wickenden explains the intricacies of the new Dotas reporting conditions, or 'hallmarks', as they relate to the main inheritance tax (IHT) planning strategies.