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Finance & Accounting>Finance & Accounting

The role of the Adjudicator’s Office

The Adjudicator’s Office (AO) was created in 1993 as an independent tier of complaint handling about the Inland Revenue (now HMRC) and the Valuation Office …

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Finance & Accounting>Finance & Accounting

Use of a Family Investment Company

Family Investment Companies (FIC) offer a tax efficient way to retain control over assets and still pass them on to the next generation. By providing …

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Finance & Accounting>Finance & Accounting

‘Normal gifts out of income’

The Oxford English Dictionary defines the word ‘normal’ to mean ‘conforming to a standard; usual, typical, or expected’. A minor, often misunderstood inheritance tax (IHT) …

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Finance & Accounting>Finance & Accounting

Legal v illegal dividends

Changed business conditions in light of the Coronavirus pandemic have caused many companies to review their dividend policies not least because the company’s financial position …

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Finance & Accounting>Finance & Accounting

Statutory payments from April 2021

By law, there are various statutory payments that an employer must make to an employee while the employee is absent from work due to the …

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Finance & Accounting>Finance & Accounting

National Living Wage and National Minimum Wage changes from April 2021

Under the minimum wage legislation, workers must be paid at least the statutory minimum wage for their age. There are two types of minimum wage …

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