New legislation is set to simplify one aspect of tax on divorce or dissolution. Marriage is not what it used to be. In 2020, 46% of births in England and Wales took place outside of a marriage or civil partnership, … Continue reading →

New data from HMRC show the Treasury’s inheritance tax (IHT) receipts have doubled since 2012/13. Source: HMRC. Of all the various taxes levied in the UK, IHT is one of the most peculiar: For a start, its name is misleading. … Continue reading →

‘The Growth Plan’: 23 September 2022  Introduction Kwasi Kwarteng’s first set piece as Chancellor of the Exchequer was never going to be easy, even before the 0.5% increase in interest rates the day before. The new Prime Minister Liz Truss … Continue reading →

The Bank of England has said that inflation could reach over 13% before the end of the year. But that’s the lower end of the speculation. The inflation figure in July 2022 reached an eye-watering 10.1%, as measured on the … Continue reading →

The pandemic taught us many things, but some of them are already slipping away. The Covid-19 pandemic is now beginning to fade from the collective consciousness, despite the best efforts of the Omicron variants to snare those who had previously … Continue reading →