April 2019 Newsletter

April 2019 Newsletter

Our April Newsletter includes information on the government consultation on a new Stamp Duty Surcharge, Contractors who potentially will face a huge tax bill, a probate revamp and the fall in apprenticeship starts.

GOVERNMENT CONSULTS ON NEW STAMP DUTY SURCHARGE

The Government is considering introducing a new stamp duty surcharge, which is designed to clamp down on overseas wealth being used to buy homes in England.

THOUSANDS FACE HUGE TAX AVOIDANCE BILLS

Contractors whose employers paid them through loans from offshore trusts are being urged to speak to HMRC as soon as possible or risk receiving massive tax bills.

MINISTERS GIVE THUMBS-UP FOR PROBATE REVAMP

Affluent families in England and Wales face paying probate charges of up to £6,000 from this month after ministers confirmed it as a fee rather than a tax.

APPRENTICESHIP ‘STARTS’ FALL BY A QUARTER

The number of people starting apprenticeships has fallen by 26% since the Government’s reforms to the apprenticeship system, according to a report from the National Audit Office (NAO).

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