Helen Thornley - Profile and Journalist Details
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Helen Thornley
Verified
Contributor, AccountingWEB.co.uk
United Kingdom
Beats
Social Media , Technology, historical thrillers, mediabusiness, history , politics
topics with bad angles....
Content
By Helen Thornley| AccountingWEB.co.uk Verified It would have been impossible to miss the announcement at last year’s Autumn Budget of significant restrictions to two key inheritance tax (IHT) reliefs. While the farming community have been most vocal in their objections so far, the new combined cap on full Business Property Relief (BPR) and Agricultural Property Relief (APR) will have implications for a wide range of family businesses. At the end of February, HMRC launched a technical consultation on the new measures.
By Helen Thornley| AccountingWEB.co.uk Verified Each new tax year, we get a new set of self assessment returns, with the SA100 for individuals and SA900 for trusts and estates getting a makeover to reflect changes to legislation. Usually any tweaks are fairly minor, but thanks to some late changes in tax policy in the last Budget, not all the changes needed will necessarily be reflected on the face of the return for 2024/25 – and the adjustment box on the capital gains tax (CGT) pages will be doing a lot of heavy lifting in some cases.
By Helen Thornley| AccountingWEB.co.uk Verified It would have been impossible to miss the announcement at last year’s Autumn Budget of significant restrictions to two key inheritance tax (IHT) reliefs. While the farming community have been most vocal in their objections so far, the new combined cap on full Business Property Relief (BPR) and Agricultural Property Relief (APR) will have implications for a wide range of family businesses. At the end of February, HMRC launched a technical consultation on the new measures.
Company Info
AccountingWEB.co.uk
AccountingWEB.co.uk is the largest independent online community for accounting and finance professionals in the UK. Founded in 1997 and published by Sift Media, it offers award-winning content and facilitates engagement among its members, creating a vibrant community environment. The platform provides the latest accounting news, insights, and practical guidance, making it a key resource for accountants, bookkeepers, and financial decision-makers. It also fosters interaction among members, allowing them to share knowledge and best practices. Additionally, AccountingWEB.co.uk offers resources on various topics, including payroll, bookkeeping, tax, audit, finance, and accounting software, catering to both small businesses and larger firms. The site primarily serves accountants in practice and those in smaller to mid-tier businesses, reaching a wide audience across the UK.
Bristol, England, United Kingdom
'+44 117 915 9600
Founded: 1997