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UK Government Tightens Child Maintenance Service Reform

UK Government Tightens Child Maintenance Service Reform

The UK government is intensifying its efforts to address non-paying parents through a comprehensive reform of the Child Maintenance Service (CMS), which took effect this week, on 12th of February 2024. Key highlights of the reform include: Harsher Enforcement Actions:...

Triple Lock Boosts State Pension to 8.5% in April 2024

Triple Lock Boosts State Pension to 8.5% in April 2024

In a significant development, Chancellor Jeremy Hunt has announced an impending 8.5% increase in the UK state pension, scheduled for April 2024. This enhancement is attributed to the Triple Lock System, underscoring the government's dedication to fortifying the...

Capital Gains Tax: What You Need to Know for Property Transactions

Capital Gains Tax: What You Need to Know for Property Transactions

Understanding Capital Gains Tax (CGT) is key to avoiding unexpected costs when selling a property. Learn who needs to pay, key exemptions, deductible expenses, and the 60-day reporting deadline. Stay compliant and avoid penalties.   When selling a property,...

Upcoming Changes to UK Company Law: What You Need to Know

Upcoming Changes to UK Company Law: What You Need to Know

Companies House is rolling out significant changes to UK company law, representing a historic shift towards improved transparency and governance. The first set of changes are set to be implemented on March 4th, 2024, but could be delayed due to the secondary...

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