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Navigating inheritance tax in the UK

Menzies

Menzies LLP - A leading chartered accountancy firm. Discussing inheritance tax often evokes feelings of uncertainty and discomfort, often accompanied by uncomfortable conversations around death and inheritance. Yet, it’s a crucial aspect of estate planning in the UK.

Tax 59
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Tax Directors & Finance Teams – Do you need to register for Pillar 2?

Menzies

Menzies LLP - A leading chartered accountancy firm. LATEST UPDATE Groups within the scope of Pillar 2 in the UK will need to register with HMRC within 6 months of the Group’s first accounting period starting on or after 31 December 2023. WHAT IS PILLAR 2? Assess whether your Group is within the scope Pillar 2.

Finance 59
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Autumn Budget 2024: Tax Service Line Wishlist & Predictions

Menzies

Menzies LLP - A leading chartered accountancy firm. With a recent change in Government promising to fill the tax gap, the Prime Minister has warned the budget will be “painful”. Capital Gains Tax It is widely expected that we will see an increase to capital gains tax rates, particularly on residential property.

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Accounting Websites: 43 Examples for Modern Firms

Ryan Lazanis

In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. As such, instead of promoting your accounting skills, always prioritize client-centric messaging throughout your website. Let’s go!

Account 98
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Business Tax: Property matters

Menzies

Menzies LLP - A leading chartered accountancy firm. The tax landscape in relation to property has changed dramatically over recent years with various tax rule changes and anti-avoidance measures. This may include for example complying with the Construction Industry Scheme.

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A Brighter Thinking Approach to Wealth Planning

Menzies

Menzies LLP - A leading chartered accountancy firm. Lately we have adopted a fresh approach to personal wealth planning by combining the knowledge of both our in-house Private Client Tax Managers and Financial Planners. Often, the overall goal is to grow and protect your wealth, whilst minimising your tax liabilities.

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Are you impacted by Pillar 2 and what should you do?

Menzies

Menzies LLP - A leading chartered accountancy firm. REPORTING TAX PAYMENTS IMPACT Even for groups without an additional top-up tax liability, there will be a requirement to submit a Pillar 2 Return to HMRC (if they are the reporting entity) or notify the entity and jurisdiction responsible for filing the return.