THE DSK News

Month: May 2024

Let's Work Together

Changes to the High Income Child Benefit Charge

Date 30/05/2024

The changes to the High Income Child Benefit Charge (HICBC) announced as part of the Spring Budget came into effect on 6 April 2024. The income threshold at which HICBC starts to be charged has been increased from £50,000 to £60,000.

The HICBC is

Read More

Carry back charitable donations

Date 30/05/2024

If you are a higher rate or additional rate taxpayer you have the option to carry back your charitable donations to the previous tax year. A request to carry back the donation must be made before or at the same time as your previous year’s

Read More

Payback company car private fuel

Date 30/05/2024

Where an employee with a company car is provided with fuel for their own private use by their employers, the default position is that the employee is required to pay the car fuel benefit charge. The charge is determined by reference to the CO2 rating

Read More

Do not respond if you receive this letter

Date 30/05/2024

Companies House published guidance titled ‘Reporting scams pretending to be from Companies House’ has been updated. The list is intended to help people check if contacts purporting to be from Companies House are actually a scam.

The guidance

Read More

CGT Rollover Relief

Date 30/05/2024

Business Asset Rollover Relief also known as CGT Rollover Relief allows for deferral of Capital Gains Tax (CGT) on gains made when taxpayers sell or dispose of certain assets and use all or part of the proceeds to buy new business assets. The relief

Read More

General election date announced

Date 30/05/2024

The Prime Minister, Rishi Sunak, declared from the steps of Downing Street (on 22 May 2024) that the next general election will take place on 4 July 2024.

The Prime Minister confirmed that he had spoken with His Majesty the King to request the

Read More

Employee suggestion schemes

Date 30/05/2024

There are many advantages to creating an employee suggestion scheme where employees are rewarded for making suggestions that benefit your business. Apart from the value that these suggestions can have in saving money or driving new business ideas

Read More

Post Office convictions quashed

Date 28/05/2024

Convictions of hundreds of postmasters have been quashed following Royal Assent of the Post Office (Horizon System) Offences Act 2024.

Many postmasters endured financial ruin, the loss of homes, livelihoods, reputation and some even lost their lives

Read More

Benefits of a fall in inflation

Date 28/05/2024

An economist from the Treasury explains exactly what a fall in inflation means for you.

How will lower inflation help the economy?

Lower inflation supports people by maintaining the purchasing power of their money.

If prices only rise slowly,

Read More

Tax when transferring assets during divorce

Date 23/05/2024

When a couple is separating or is divorced it is unlikely that they are thinking about the tax implications of their actions. However, apart from the emotional stress, there are also tax issues that can have significant implications.

The Capital

Read More

Take the First Step

To speak to a partner or for more information about the services we offer please contact one of the DSK offices or complete our contact form below.



    Platinum Partner