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News from Smailes Goldie

All of today’s top news stories from Smailes Goldie. Get the full analysis behind how media bias impacts breaking news.

We’ve discovered 13 headlines written by Smailes Goldie during the past 3 months.

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All of today’s top news stories from Smailes Goldie. Get the full analysis behind how media bias impacts breaking news. We’ve discovered 13 headlines written by Smailes Goldie during the past 3 months.

Smailes Goldie’s aggregated media bias check is unknown. Ground News is unable to assign a bias rating and does not have ratings available from Ad Fontes Media, All Sides, and Media Bias/Fact Check. Smailes Goldie’s factuality rating is Unknown. Ground News calculates this rating using a combination of the fact and reliability ratings from Ad Fontes Media and Media Bias/Fact Check.

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Top Smailes Goldie News

Thousands more parents give children six-figure deposits to avoid inheritance tax

Rachel Reeves · United Kingdom

Thousands more parents give children six-figure deposits to avoid inheritance tax

Coverage: 2 sources

There has been a spike in parents giving their children large sums of money for housing deposits, many in a bid to avoid high inheritance tax charges in the future.Some 110,325 buyers received at least £100,000 from a family member last year, up 8 per cent from 102,546 in 2023, according to tech company Twenty7tec.Experts say many are choosing to gift their money now, often in the form of such deposits, to avoid leaving family members with hefty…See the Story

I own a £45k share of a field: What tax is due if I give it to my son?

Taxes · United Kingdom

I own a £45k share of a field: What tax is due if I give it to my son?

100% Right coverage: 1 sources

I am 77 and can no longer look after the land - but I have been told I have to pay tax on my £40,000 gain, even if I give the plot to my son for free.See the Story

Changes to digital tax reporting: Sole traders beware!

United Kingdom · United Kingdom

Changes to digital tax reporting: Sole traders beware!

The Government’s Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) programme is gradually being rolled out and for sole traders, now is the time to prepare. Next year, hundreds of thousands of self-employed individuals will be brought into the scope of the new digital reporting system. If your income exceeds £20,000 a year, it is likely you will be affected. From April 2026, those earning over £50,000 annually will be required to…See the Story

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Labour introduces harsher penalties for late taxpayers - M J Bushell

United Kingdom · United Kingdom

Labour introduces harsher penalties for late taxpayers - M J Bushell

The Chancellor’s Spring Statement introduced harsher penalties for late taxpayers under Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). With the Government confirming an extension to sole traders and landlords earning more than £20,000 from April 2028, a lot more taxpayers – an estimated 900,000 – will need to pay tax via MTD for ITSA. Under the current rules, you will not receive a penalty if you pay your tax within the first …See the Story

Too many businesses falling into VAT traps - Smailes Goldie

United Kingdom · United Kingdom

Too many businesses falling into VAT traps - Smailes Goldie

VAT is complex, and too many businesses are making costly, avoidable mistakes. Even a simple oversight or misunderstanding can lead to penalties, cash flow problems, and disputes with HM Revenue & Customs (HMRC). Here are some of the most common VAT mistakes to avoid: Charging the wrong VAT rate – Some goods and services have reduced or zero-rated VAT and applying the wrong rate can mean underpaying or overpaying tax. Incorrect VAT reclaims – N…See the Story

Change to dividend reporting to affect thousands of owner-managed businesses - Smailes Goldie

United Kingdom · United Kingdom

Change to dividend reporting to affect thousands of owner-managed businesses - Smailes Goldie

From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax return. This change will affect an estimated 900,000 directors across the UK. HM Revenue & Customs (HMRC) will now require directors to disclose the name and registration number of the company, the highest percentage shareholding held during the tax year, and the amount of dividend income received from that company. These figure…See the Story

New limit for reporting trading income

United Kingdom · United Kingdom

New limit for reporting trading income

The government is planning a change that it says could save thousands of taxpayers from having to file a self-assessment tax return. What’s the full story? Self-assessment reporting. James Murray, a senior Treasury official, recently announced a change to the tax reporting rules that will remove around 300,000 taxpayers from the self-assessment system. This will apply to individuals who receive no more the £3,000 per tax year from self-employed …See the Story

Spring Statement: 'Businesses left to fend for themselves', says accountancy firm

Spring Statement: 'Businesses left to fend for themselves', says accountancy firm

100% Center coverage: 3 sources

Despite the Government’s focus on balancing the budget and stimulating growth, businesses across the UK are left to shoulder the burden of rising…See the Story

Advisers see boom in demand for IHT advice with new clients making most of the enquiries - IFA Magazine

United Kingdom · United Kingdom

Advisers see boom in demand for IHT advice with new clients making most of the enquiries - IFA Magazine

Advisers are seeing a surge in demand for advice on Inheritance Tax (IHT) planning with new clients accounting for most of the enquiries, new research* from investment manager Downing shows. In Downing’s survey of UK financial advisers and wealth managers, more than two out of five (43%) say enquiries are mainly coming from new clients, while 17% say enquiries are mainly coming from existing clients, with 39% saying it’s a mix. Downing’s study s…See the Story

Plaid Cymru rising star announces intention to stand in upcoming Senedd election

Plaid Cymru · United Kingdom

Plaid Cymru rising star announces intention to stand in upcoming Senedd election

Emily Price Plaid Cymru’s Cardiff West candidate in the last general election has announced her intention to stand in the upcoming Senedd election for the newly formed Cardiff North-west seat. 26-year-old Kiera Marshall is seen a rising star in Welsh politics after securing the second largest vote share increase for Plaid Cymru in the recent […]See the Story

Hong Kong businesses forced to weigh options as Trump’s tariffs squeeze access to US market

Hong Kong businesses forced to weigh options as Trump’s tariffs squeeze access to US market

Coverage: 2 sources

HK entrepreneurs and analysts talked about the effects of the US-China trade war and strategies to weather the turbulent time.See the Story