GOLD!

Comments 0 by in News
28/07/2014

Websters are delighted and proud to announce our achievement of the Investors in People Gold Standard. We first achieved the standard in May 2005 and were then upgraded to Silver status in June 2011. In the UK IIP is the most successful framework for business improvement through people and Gold is the highest level of…

Read More

HMRC launch a new campaign targeting those that receive rental income (including host families)

30/06/2014

HMRC have launched a new crackdown aimed at those who receive rental income and who haven’t declared their income through a self-assessment tax return. The Let Property Campaign gives you the chance to bring your tax affairs up to date if you’re an individual letting out residential property in the UK or abroad, this includes;…

Read More

Will you buy me a flat dad?

Comments 0 by in News
27/06/2014

The tax implications of buying a property for a son or daughter are unlikely to be the primary considerations but there are tax aspects which should be considered. Should the property occupied by the child be owned by the child or the parent? Capital gains tax. Potentially the most significant aspect is the capital gains…

Read More

Recent advice on utilising election to be treated as UK domiciled for IHT purposes

Comments 0 by in News
27/06/2014

There have been two significant improvements in the IHT position of mixed-domicile couples, providing them with more flexibility to mitigate IHT as regards inter-spousal transfers with effect from 6 April 2013. First, the IHT spouse exemption for transfers from a UK domiciled individual to his non-UK domiciled spouse was increased from £55,000 to £325,000 (i.e…

Read More

Pension Auto Enrolment

Comments 0 by in News
27/06/2014

I’m in! Pension Auto Enrolment Changes to the law on workplace pensions now means that any UK business that employs 1 or more people have to put them into a pension scheme.  You will need to: Provide employees with access to a workplace pension scheme Automatically enrol some employees Pay contributions for your employees All…

Read More

Congratulations to Donna!

Comments 0 by in News
27/06/2014

Many congratulations to Donna Whitaker, Personal Tax Account Manager, who last month passed her final ATT exams and is now fully ATT qualified. We are delighted that all her hard work has paid off! Donna has also been busy and was one of the thousands of women who took to the streets of Edinburgh on…

Read More

Bingo Budget 2014

Comments 0 by in UK blog
19/03/2014

Initial reactions to the Budget seem to have been positive – but some of the shine seems to have gone as people have reflected. However Bingo Hall owners – who will pay lower duties – are still enthusiastic We were pleased that the market  for off-the-peg scheme with no commercial purpose is being made more difficult….

Read More

DIVISION 293: ADDITIONAL TAX FOR HIGH INCOME EARNERS

Comments 0 by in Australian blog
18/03/2014

What is Division 293 tax? Division 293 tax is being introduced from the 2012–13 year to reduce the tax concession on superannuation contributions for individuals with income greater than $300,000 a year. ATO has recently started issuing the first assessments. The Division 293 tax was announced as part of the 2012 Federal Budget as an…

Read More