FWD Tax Tips and News

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02/07/2025
Inheritance tax break that could lure expats back to the UK
Changes introduced by Chancellor Rachel Reeves on April 6 mean Britons who have lived abroad for 10 years are no longer subject to UK inheritance tax on their global assets. Read More...
 
The Government refuses to increase the annual Personal Allowance to £20,000
Parliament debated a petition calling for the income tax threshold to be raised from £12,570 to £20,000 to allow people to keep more of their earnings. The petition, signed by over 250,000 people, was spearheaded by pensioner Alan Frost, who described it Read More...
 
Reeves under pressure to create wealth tax
The financial pressures facing Chancellor Rachel Reeves continue to mount, particularly regarding a projected £57 billion shortfall in the country’s finances. Read More...
 
Reeves urged to launch tax raid on landlords
Labour MPs and influential advisers are urging Chancellor Rachel Reeves to “launch a tax raid” on landlords as part of efforts to fill a fiscal gap without breaking the party’s manifesto commitment against increasing taxes on “working people”. Read More...
 
July Questions and Answers
Q: I sometimes sell unwanted items online. Am I now liable to pay tax on any money I make? Read More...
 
July Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 30th September. Read More...
 
About Us

FWD Accounts Suffolk, offering local business owners and individuals a wide range of services.

We help our clients by producing regular management accounts for their business and then talk through those numbers and what they mean.  Email Jason at jnf@fwdaccounts.co.uk if this is of interest, and he will provide you a quote for doing this and he can explain how it would work.  Waiting for this financial information until your year end is often too long, and it does not allow the business to make corrective action at an early stage, if it was necessary. It also allows us time to make tax planning decisions as the year develops, to minimize the final tax payable.

All clients are entitled to fixed fees, work delivered on time and phone support. Visit our website fwdaccounts.co.uk for more information.

 

 

 
 

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