HW Fisher Newsletter - July edition
This month, we bring you the latest news and insights from our partners on employee benefits, what changes we’d like to see from the next government, and advice on planning for rising school fees.
Now that the UK has elected its new government, we expect to see a lot of changes and new tax policies to prepare for. Make sure to follow us on LinkedIn to stay up to date on the latest developments and how they could impact you and your finances.
As always, please get in touch if you have any specific questions, or if you would like to discuss your own circumstances with one of our experts.
Contents:
Commentary from our partners and team
Don’t miss the second ‘Payments on Account’ deadline
The second ‘payments on account’ deadline is July 31st. With only one day to go, Stevie Heafford, Tax Partner at HW Fisher, explains what payments on account are and who needs to pay them.
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Employee Benefits - Know your obligations as an employer
Neil Maslen, Senior Manager in the Private Client Department, outlines the three main ways of reporting non-cash taxable benefits, and which one to use depending on the benefit itself and who is intended to pay the Income Tax liability.
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What HW Fisher would like to see from the next UK Government
From simplifying the UK tax system, to fixing the UK’s rental market, a selection of our partners outline what they would like to see from the next UK government from a personal and corporate tax perspective.
How to plan for rising school fees
Labour is scrapping the VAT exemption on private school fees, costing some families ￡62,000 over a child’s education. With this in mind, Stevie Heafford, Tax Partner, highlights the growing importance of school fees planning and three potential avenues to explore.
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The UK needs to attract more foreign direct investment
The latest data from the Department for Business and Trade shows that projects from overseas investors in the UK are close to a 12-year low. Russell Nathan, Senior Partner, shares his views on what the new government needs to do to attract more inward investment into the UK.
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