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Stock valued at net realisable value

One of the acceptable methods to value stock is at the lower of cost and net realisable value (NRV). NRV ...
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IHT exemption for gifts out of income

It is possible for wealthier taxpayers to take advantage of the IHT exemption for gifts and payments that are paid ...
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Trusts and CGT

A trust is an obligation that binds a trustee, an individual or a company to deal with the assets such ...
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Vehicle MOT dates

The government has announced that mandatory MOT tests for car, motorcycle and van owners in England, Scotland and Wales are ...
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Reporting Capital Gains on residential property

The Capital Gains Tax (CGT) reporting and payment date for UK residents that sell a residential property changed from 6 ...
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Financial help for debt advisers

The government has announced that an extra £37.8 million will be made available to support debt advice providers during 2020-21 ...
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Government support for pubs, cafes and restaurants

The government has confirmed a further easing of lockdown as pubs, cafes, restaurants, hotels, hairdressers and cinemas have been given ...
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Updated HM Treasury instructions re: CJRS

On 26 June 2020, the Chancellor, Rishi Sunak made a further (third) Treasury Direction under sections 71 and 76 of ...
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Identifying clients in need of help

Most of us fire-fight on a daily basis. We face distractions from multiple directions and basically have no time to ...
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