Newsletter

Automating tax returns HM Revenue & Customs is launching a new simplified system for calculating tax bills, which will result in thousands of taxpayers being relieved of the chore of filling out tax returns. Taxpayers affected by the change will receive letters saying that in future their...

Firstly, apologies for the lack of a September newsletter. Holidays and high days got in the way! Any way, here's an interesting set of articles for our october newsletter: Power of Attorney or Deputy? A retired judge has suggested that people wishing to appoint others to look...

The UK population increases The Office for National Statistics revealed recently that the UK population is rising at its fastest rate for more than 70 years. At the end of June 2016 the population stood at 65.6 million people, which represented an increase of half a...

This month the Department for Work and Pensions announced an acceleration of the timetabled increases to the State Pensions Age (SPA) in the UK. The new increased State Pension Age will affect those born between 6th April 1970 and 5th April 1978.  The State Pension age for this group is currently...

New reporting rules for trusts As part of a new crackdown on money laundering, rules were introduced recently which require trustees to provide HM Revenue & Customs with detailed information about the assets held in trusts and the identities of trustees and beneficiaries. The potential for the...

The ageing population Government statistics are projecting that by the year 2020 there will be 12% more people in the UK aged 65 and over than there were in 2015. This compares with an overall population growth of just 3%. Another prediction is that the number of...