Financial Scams

It is estimated that financial crime costs the UK an eye watering £52bn according to the Economic Crime Directorate at the City London Police. That may be the tip of the iceberg as, apparently, 88% of all cybercrime goes unreported. Many of these scams do look and sound perfectly legitimate so it does pay to […]

Inheritance Tax Hits New Heights

In the 2017/18 tax year some £5.2 billion was paid in inheritance tax (IHT). That’s £400 million more than in 2016/17 and the highest IHT ‘take’ on record. On one level, this isn’t a surprise, the ‘nil rate band’ – the amount of an estate which is not subject to IHT – has been frozen at its […]

The Pensions Regulator

The Pensions Regulator (TPR) has been active this year.  Back in February a bus company and its owner were fined just over £31,000 for ‘wilfully failing to comply with the law on workplace pensions’ by failing to Auto Enrol a total of 36 staff into a pension scheme.  That was the first prosecution for auto-enrolment […]