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25/04/2024

April Newsletter

Welcome to the Freedman Frankl & Taylor monthly newsletter. We’re committed to ensuring that our clients receive useful tax and business advice and support throughout the year. Please contact us for advice on your own specific circumstances. We’re here to help!

Spring Statement 2024
Cuts to National Insurance contributions and the abolition of so-called ‘non-dom’ tax breaks were among the headline announcements in the Spring Budget 2024. Read More...
 
Spring Finance Bill sets shape for tax changes to come
You‘ve probably digested the main news by now from the Spring Budget. Now comes the next stage: the Spring Finance Bill. The bill was published on 14 March, ensuring that the measures announced in the Budget take their next steps towards becoming reality. Read More...
 
Plans to close HMRC helpline for half a year halted
You may have seen somewhat of a furore breaking out in the media towards the end of the month, as HMRC announced its tax helpline would shut down for half of the year. Rather than use the phone line, anyone seeking help from HMRC officials would be faced Read More...
 
Bumper IHT receipts set to be new record high
We‘ve seen plenty of speculation before the last two Budgets that Inheritance Tax would see major reforms. Yet nothing materialised. And the latest figures released by the Treasury show perhaps why there might be some reluctance to change the rules, with Read More...
 
Online live funerals receive VAT exemption
Funerals that are broadcast online for well-wishers unable to attend in person are becoming exempt from VAT. During the COVID pandemic, streaming  funerals became commonplace due to restrictions on the number of people gathering. Now, there has been Read More...
 
April Questions and Answers
Q: I’m a property owner, and I’m considering renting one of my houses out for people to use for vacations. What are the tax rules I need to understand? Read More...
 
April Key Dates
New tax year begins; new tax codes take effect. Read More...
 

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