Self-Assessment is the system that allows individuals to report their income, gains or losses to HM Revenue & Customs (HMRC) for a given tax year through a Tax Return. The tax year runs from 6 April to 5 April of the following year.
From April 2026, significant changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) will fundamentally alter Inheritance Tax (IHT) planning for business owners and landholders in the UK.
Here's What It Means for Your Estate... From April 2027, significant changes to Inheritance Tax (IHT) rules regarding pension funds will come into effect in the UK, fundamentally altering estate planning strategies. Currently, unused defined contribution pensions are generally excluded…
Simmons Gainsford is delighted to announce that we are moving ahead with plans to refurbish our Uckfield office. A full refit of the basement will include a brand new kitchen, toilets and breakout area to improve the facilities for our…
What you need to know! Following the Chancellor Rishi Sunak’s Spring Statement on 23 March 2022, Chamber member and Accountancy Practice, Simmons Gainsford have put together a summary of the measures introduced as part of the government’s plans for post…
Following the Chancellor Rishi Sunak’s Autumn Budget statement on 27 October 2021, Chamber member and Accountancy Practice, Simmons Gainsford have put together a summary of the measures introduced as part of the government’s plans for post pandemic, post Brexit Britain…
At Simmons Gainsford we feel it is important to be aware of the tax rates and allowances for the 2021/22 UK tax year, which came into effect yesterday (6 April). Simmons Gainsford have put together a quick guide to assist…
At Simmons Gainsford we recommend staying informed about the range of tax relief opportunities outlined below to help protect and maximise your savings and investments. ISAs Before 5th April 2021, you can pay a total of £20,000 into your stocks…
Following the Chancellor's three-part Budget 2021 statement on 3 March 2021, Chamber member, Simmons Gainsford have put together a summary of the measures introduced to protect businesses through the pandemic, fix public finances and begin building the future economy. Please…
Is it too late to take advantage of the stamp duty holiday? With Chancellor Rishi Sunak’s generous gift to home buyers reaching its sell by date at the end of March, is there still time to move before the door…