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Top Grunberg & Co News

Trump's immigration crackdown unnerves Cuban exiles long shielded from deportation
Donald Trump · United States

Trump's immigration crackdown unnerves Cuban exiles long shielded from deportation

49% Left coverage: 35 sources
Immigration officials said Tomás Hernández worked in high-level posts for Cuba’s foreign intelligence agency for decades before migrating to the United States to pursue the American dream.See the Story
Builders Merchants in the Midlands Among Hardest Hit by Tax Change
Environment · United Kingdom

Builders Merchants in the Midlands Among Hardest Hit by Tax Change

100% Center coverage: 2 sources
Independent builders merchants in the East and West Midlands are likely to be among businesses bearing the brunt of changes to inheritance tax planned for 2026.See the Story
Savers Urged to Act Now on Tax Due on Interest
Taxes · United Kingdom

Savers Urged to Act Now on Tax Due on Interest

Those who have earned interest on their savings are being urged to act now and contact HMRC if they’ve not yet received a letter from the tax authority. Thousands of savers are putting themselves at risk of fines by not declaring owed tax on interest from savings. According to the Association of Taxation Technicians (ATT), recent estimates show that an additional 893,000 taxpayers will have to pay tax on their savings by 2028 to 2029 due to froz…See the Story

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Trump's immigration crackdown unnerves Cuban exiles long shielded from deportation
Low coverage from Right Sources
Left 49%
Center 48%
 

Trump's immigration crackdown unnerves Cuban exiles long shielded from deportation

Fake HMRC Letters Are a Blight on Business

Scammers and fraudsters are looking for new ways to get money and data out of unsuspecting businesses. The latest wave of compliance changes made to Companies House and HM Revenue and Customs have resulted in businesses being confused about what is expected of them. Sensing an opportunity, the scammers have sought to take advantage of the situation and trick people out of sensitive data. We are going to break down a recent scam and show you how …United Kingdom · United KingdomSee the Story

Tax Traps in Director Loans – A Quiet £10,000 Threshold You Cannot Afford to Ignore

Director and employee loans are a standard feature in many small companies. They are used to bridge gaps, cover work expenses or support cash-strapped staff. However, once they creep past £10,000, they start attracting unwanted attention from HM Revenue & Customs (HMRC). The overlooked threshold Loans above £10,000, regardless of when or why they were made, can become taxable benefits. If those loans are interest-free or carry a rate lower than …United Kingdom · United KingdomSee the Story

A simple NIC change has triggered major tax confusion

The 2024/25 tax year brought a key change for self-employed taxpayers: those earning more than £6,725 are no longer required to pay Class 2 National Insurance Contributions (NICs). Rather than simplifying matters, the change has led to errors in HM Revenue & Customs’ (HMRC’s) systems and a growing number of incorrect tax demands. What the reform was meant to achieve Under the new rules, qualifying self-employed individuals automatically receive …United Kingdom · United KingdomRead Article

Will the outdated IHT gifting rules catch you out? - Grunberg & Co

With the current slew of changes impacting the way in which Inheritance Tax (IHT) is determined, it may seem odd that there is one area that has been untouched for 40 years. The rules around gifting as a means to reduce IHT have been largely unchanged since their introduction in the 1980s, but this does not mean that they are well understood. Nuance in the rules results in some fearing that they may fall foul of regulations and end up paying mor…United Kingdom · United KingdomRead Article

Is hybrid work making payroll more challenging? - Grunberg & Co

Hybrid work has seen a surge of popularity in recent years due to the flexibility afforded and the boost to employee satisfaction. Traditional payroll measures can sometimes be inadequate for effectively dealing with the additional challenges that hybrid work presents. Let’s examine the common issues and how you can work to avoid them. Poor record-keeping By far, the greatest barrier to effective hybrid work payroll systems is a lack of sufficie…United Kingdom · United KingdomRead Article

India's Iron, Alumina Exports to UK Face Carbon Tariff Barrier Despite FTA Signed Recently

100% Right coverage: 1 sources
As UK and India recently signed a Free Trade Agreement (FTA), some Indian exports to the UK still face the risk of extra taxes under the UK’s Carbon Border Adjustment Mechanism (CBAM), which targets products that produce high carbon emissions.Taxes · United KingdomSee the Story

Two colds, one claim? What you need to know about linked sickness for SSP

Think an employee’s second sick day is just like the first? Not always. If someone goes off sick more than once in a short period, your payroll team might need to treat it as one continuous episode. This is a rule known as linked periods of sickness. If you get it wrong, you might pay too little, too late, or not at all. What makes two absences ‘linked’? The employee must be off at least four days in a row each time. The gaps between those abse…England · EnglandSee the Story

HMRC Figures Show One Million Pensioners Facing 'Triple Whammy' Tax Payments - Manchester Evening News

49% Center coverage: 8 sources
Those paying income tax at higher rates have seen their payments double over the last four yearsRishi SunakSee the Story

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