Read the Latest NLP Newsletters

The latest NLP newsletters have been published this week. As ever, there are two newsletters covering key developments in personal and business finance. The Personal Tax Newsletter includes articles about planning for Inheritance Tax and Pensions tax relief. Landlords will find information about furnished holiday lettings and how they can be used as a tax-free … Read more Read the Latest NLP Newsletters

NLP’s Newest Partner: Laurence Fishman

We’re delighted to introduce our newest partner, Laurence Fishman. He qualified at BDO Stoy Hayward (now BDO LLP), spending time in their Audit and Business Restructuring Advisory departments. This solid grounding led to a storied career across a range of sectors: from advertising to technology, via post-production, publishing and digital media to name a few. … Read more NLP’s Newest Partner: Laurence Fishman

Read the Latest NLP Newsletters

The latest NLP newsletters have been published today. As ever, there are two newsletters covering key developments in personal and business finance respectively. The Personal Tax Newsletter contains vital information regarding the Requirement to Correct. Anyone with undeclared overseas income has until the 30th of September to amend their records. The mailout also covers recent … Read more Read the Latest NLP Newsletters

Business and Tax Round-up

Business urges government to reform Apprenticeship Levy In response to the publication of official apprenticeship statistics, business groups have urged the government to reform the Apprenticeship Levy. The organisations, including the Confederation of British Industry (CBI), the Institute of Directors (IoD) and the Federation of Small Businesses (FSB) have called on the government to reform … Read more Business and Tax Round-up

Making the Most of Gift Aid

Recent research from HMRC has suggested that small charities and some sports clubs are missing out on £600 million in additional funding, with a third of donations failing to add Gift Aid. Who does Gift Aid apply to? As well as charities, Community Amateur Sports Clubs (CASCs) can also take advantage of the Gift Aid … Read more Making the Most of Gift Aid

Worldwide Income & Capital Gains and the Requirement to Correct

Due to the Common Reporting Standard, HMRC now receives much more information regarding overseas accounts than it has received in the past. This access to information invariably has raised consequences of non-disclosure. There is an opportunity to take remedial action before 30 September 2018 under what is known as the Requirement to Correct (RTC). This … Read more Worldwide Income & Capital Gains and the Requirement to Correct

Making Tax Digital: Where Are We Now?

The government’s landmark Making Tax Digital (MTD) for business initiative is set to take effect from 1 April 2019, beginning with MTD for VAT. Here, we take a look at the latest position, and consider the recent delay to some of HMRC’s new digital services. MTD for business: an overview The MTD for business initiative … Read more Making Tax Digital: Where Are We Now?

Tax Round-up

OTS publishes review into simplifying the taxation of savings income The Office of Tax Simplification (OTS) recently published a detailed review into the taxation of savings income. The OTS’s stated aim was to review the application of the tax system to savings and investment income, and highlight ways in which any ‘real complexities’ can be … Read more Tax Round-up