Tag: tax

Inheritance Tax – Emergency Workers

November 7th, 2020

Inheritance tax is payable on the value of your estate (money, property and possessions). If your estate is worth more than £325,000 (the tax threshold) tax at 40% could be

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HMRC Guidance: extending the option to tax deadline during Coronavirus

May 20th, 2020

What is an option to tax? Under the Value Added Tax Act 1994, a taxable supply is a ‘supply of goods and services made in the United Kingdom’ where VAT

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