
How looking after the grandchildren* could help your state pension entitlement (*other relationships are available!)
With the increasing cost of childcare, it’s not uncommon for hard-pressed parents to turn to their family, especially grandparents, for help with looking after the children.

National insurance threshold rises to £12,570
The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.

Research and development tax relief – too good to be true?
Research and development tax reliefs can provide substantial help to businesses investing in innovation – but HMRC is increasingly cracking down on unjustified claims, says Sam Palmer of Lovewell Blake.

Cryptoassets
Although cryptoassets may seem like a niche area to some, HMRC are continuing to monitor the way in which such assets are held, traded, and taxed.

HMRC targets business owners claiming Business Asset Disposal Relief (BADR)
HM Revenue & Customs (HMRC) have announced they are reviewing the position of taxpayers who have made substantial gains during their lifetime and may have inadvertently exceeded their lifetime limit for Business Asset Disposal Relief (BADR).

Company share schemes
As an employer, there are various ways to remunerate your team. Increasing salary may be enough to retain some staff whilst others want a ‘slice of the action’. Company share schemes are an increasingly common way to incentivise employees, and there are various different ways to achieve this, depending on your requirements, and theirs.

EMI schemes
The Enterprise Management Incentive (“EMI”) scheme is a tax-advantaged share option scheme.

Chancellor cuts fuel duty in Spring Statement
Chancellor Rishi Sunak announced a 5p per litre cut in fuel duty for petrol and diesel in the 2022 Spring Statement.







