Income generated by an estate during the administration period — such as dividends or rental income — can be distributed to...

If a company operates within the creative industries and has incurred expenditure on films, high-end TV programmes, children’s TV...

The Annual Tax on Enveloped Dwellings (ATED) was introduced to combat tax avoidance, particularly by individuals using companies to...

In the UK, individuals are generally subject to income tax on all income earned during the tax year, such as savings income, dividends,...

There are generally two types of life insurance products: one that pays out a sum of money to a beneficiary upon death, and another that...

A close company in the UK is a resident company controlled by five or less shareholders (also called participators) or any number of...

Pre-owned asset rules were introduced to address inheritance tax (IHT) avoidance strategies. These rules prevent taxpayers from giving...

Individuals are eligible for tax relief when making donations to UK-registered charities or charities registered in the European Economic...

UK resident individuals are generally taxed on their worldwide income. However, if the individual is a UK resident but non-UK domiciled...

Overview MTD for ITSA requires sole traders and landlords with qualifying income to maintain digital records and submit updates to HMRC...