What is “surplus income”? Surplus income is what is left over after deducting an individual’s normal expenditure from their annual after tax income. Normal expenditure is very specific to an individual’s circumstances; ‘normal’ is what is standard and habitual for
More about Unlocking the power of gifts out of surplus incomeWho needs to verify? The ID-V regime will apply to all new and existing company directors (modified for other registered business vehicles), PSCs and anyone filing on behalf of UK companies. The aim of targeting these key individuals is to improve
More about The implementation of compulsory identity verification: Autumn 2025Among the changes effected by the Economic Crime and Corporate Transparency Act 2023 was, with effect from 4 March 2024, the introduction of an obligation of a limited company to use an “appropriate address” for its registered office (s 86(1)
More about DG Resources Ltd v Revenue and CustomsIn the news this week, headlines have been dominated by speculation of no less than 4 major tax changes that could reshape the residential property market. With the Autumn Budget approaching, uncertainty is mounting over how these proposals might affect
More about Could tax reform speculation chill the residential property market?Whilst there was historically a view that the mother is the primary carer of any child(ren) there has been a shift in the way cases are dealt with in the Family Court. Jen Ball, senior associate in the family team
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A significant but welcome change of approach for the BSR, if as stated, it supports better gateway application outcomes and reduces avoidable delays. These changes can be briefly summarised as: Targeted engagement may be offered to those submitting multiple applications
More about Gateway to success: BSR’s new approach to high-rise building control applicationsFrom 2 September 2025, users will be required to access the NSIA notification service using the GOV.UK One Login, replacing the current multi-factor authentication system. GOV.UK One Login is a single sign-in system that enables users to access various government services
More about Upcoming changes to the NSIA notification service: Transition to gov.UK one loginIn our view, some changes will likely be accepted, while others may face opposition when the ERB returns to the House of Commons. Below is a summary of the most important changes and their implications for employers and their workforce:
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This article will help you understand your rights, responsibilities, and the process ahead. Do I have to make an application for permission to relocate internationally? If agreement can be reached between you and the parent to be left behind that
More about Relocating with a child internationallyThere now follows an eight week technical consultation period closing on 15 September 2025. Subject to any consequential amendments to the draft legislation, the changes to APR and BPR will take effect from 6 April 2026, and will have wide-reaching implications
More about Finance Bill 2025/2026: Government confirms Agricultural Property Relief (APR) and Business Property Relief (BPR) reforms effective from April 2026