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Capital Gains valuations of goodwill

Capital Gains valuations of goodwill

Who values goodwill when a business is sold? HMRC's Shares and Assets Valuation team takes the lead. Whether the goodwill belongs to a sole trader, partnership or limited company, HMRC’s SAV team will either accept the submitted valuation, give their own...
IHT Unused Pension Funds and Death Benefits changes

IHT Unused Pension Funds and Death Benefits changes

It was confirmed with the publication of the draft Finance Bill 2025–26 that measures first announced in the Autumn Budget 2024 to bring most unused pension funds and death benefits into the scope of Inheritance Tax (IHT) will start from 6 April 2027. This will...
Current Inheritance Tax thresholds

Current Inheritance Tax thresholds

Married couples can pass on up to £1 million tax-free if they plan their estates carefully. The Inheritance Tax  (IHT) nil-rate band is currently £325,000. This means there is normally no IHT to pay if an estate is valued below this threshold. This...
An employee’s emergency contact details are strictly private

An employee’s emergency contact details are strictly private

A recent ruling affirms that an employer is directly liable for the unauthorised disclosure of an employee's private information. An employee worked at a JD Wetherspoon pub for approximately eighteen months, during which time she provided her contact details,...
UK Export Finance: Empowering UK Businesses to Go Global

UK Export Finance: Empowering UK Businesses to Go Global

UK Export Finance (UKEF) is the UK’s export credit agency and government-backed financier. Its mission is to ensure that no viable UK export fails simply due to lack of funding or insurance. What UKEF offers Working capital support: Through schemes such as the...