More and more people are falling into the inheritance tax net, because of a combination of an increase in property prices and the freezing of the nil rate band and the residential nil rate band, which are currently frozen until 2026. HMRC receipts from inheritance tax...
Charlotte and Samuel are our latest in a long line of AAT students starting right at the beginning of their accountancy career. They have 2 years of study and exams ahead of them before they will hopefully qualify as Accounting Technicians, thereafter they may well...
This morning Chancellor Kwasi Kwarteng has done a U turn and announced that the 45% tax rate for the highest earners will not be abolished, previously a measure announced in the mini budget a couple of weeks ago. The reason given for this was that it is “ a...
The last time I blogged about this was May 2022….where has that time gone !! The trust registration deadline has come and gone, and believe me, if my experience of this is the same as everyone else who has been involved in the process, this has taken up much of my...
For a mini budget it certainly contained some big announcements. It also demonstrated the divisions within the government as to how to fight the cost of living crisis. Here are some of the key announcements: The chancellor confirmed the abolition from 6 November...
We are delighted to announce a number of new staff joining us next month, we have six new staff joining the team here at Morris Owen. Starting with two AAT students Charlotte Bint and Samuel Sanger who will be assisted in their training by qualified chartered...
