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Helen Beaumont

Essendon Tax

Independent tax consultants ...

Stamp duty burden, Heavy tax on home buyers, Ouch, my wallet weeps

HMRC Warns Against Stamp Duty Rogue Agents: Stay Vigilant!

Following a recent Court of Appeal ruling, HMRC has announced a crackdown on fraudulent Stamp Duty repayment claims. Homebuyers are advised to avoid rogue agents touting misleading schemes that could result in significant penalties ...

Employing young people , Seeds of growth and opportunity , Blooming futures bright

The Ins and Outs of Employing Young People

Employing young people? Make sure to follow age restrictions for individuals under 18. Learn more about child labour laws ...


Property tax advantages, A married couple's delight, Less burden to bear

Unpacking the Property Tax Advantages of Being Married

Maximize property tax advantages with marriage. Transfer assets and allocate income wisely to minimize tax liabilities ...


Wealth tax, a burden, On the rich, a small price paid, For a fairer world

Exploring Alternatives to a Wealth Tax: Practical Solutions for Raising Revenue

Explore potential wealth tax strategies for the UK, including Capital Gains Tax reforms and Inheritance Tax simplifications, to increase revenues ...


Crypto-investors, Riding the volatile waves, Holding tight their dreams

New Regulations to Fine Crypto-Investors £300 for Non-Disclosure

UK crypto-investors face new regulations in 2026 under the OECD Cryptoasset Reporting Framework. Avoid penalties by disclosing transactions ...


Side hustle taxation, A burden on my shoulders, But my dreams won't wait

Understanding Side Hustle Taxation: Essential Tips from HMRC

Stay on top of side hustle taxation with HMRC guidelines. Register and file a self-assessment tax return for earnings over £1,000 by January ...


Capital gains tax, A burden on our wallets, But a must for growth

The Dangers of Raising Capital Gains Tax Rates at the Autumn Budget

Capital gains tax is under scrutiny as the Chancellor considers potential hikes to fill budget gaps, but such moves could backfire on economic growth ...


Tax Freedom Day comes, A day of financial bliss, Spring's true liberation

Tax Freedom Day Falls Three Weeks Later in 2025

Tax Freedom Day in 2025 has shifted to 12 June, signaling a concerning trend. Explore strategies to bring yours closer ...


The Rent A Room Scheme, Offers space and company, Shared home, shared stories

Unlock Extra Income with the Rent A Room Scheme

Earn up to £7,500 tax-free with the Rent A Room Scheme. Perfect for homeowners or renters looking for extra income ...


Optimising income, For directors, a balancing act, Profit and purpose

Salary or Dividends: Optimising Income for Directors

Optimising income for directors: Find the balance between salaries and dividends while navigating tax changes. Improve your remuneration strategy ...


VAT on private school fees, A burden for some, Education's cost

How VAT on Private School Fees Triggered a 22.6% Rise in Education Costs

The addition of VAT on private school fees since January has caused a substantial increase in education costs, with fees rising by an average of 22.6%. This change has already triggered student enrolment declines, raising concerns about the long-term implications for the private education sector ...

It's crucial for online sellers to ensure that their income is accurately reported!

HMRC Taking A Good Look At Savvy Online Sellers

Online sellers react to HMRC's new data sharing initiative to tackle tax evasion. Mixed reactions from online sellers ...,


The 'Afsha Chugtai vs HMRC' case serves as an essential teaching moment in the realm of inheritance tax and trust law

Trusts Did Not Benefit Family in £442k Inheritance Tax Case

A recent case challenged HMRC's view on trust benefits in inheritance tax matters, highlighting complexities in tax law ...


Maximising tax relief on pensions is not merely advantageous, but essential!

Maximising Tax Relief on Pensions

Tax policy changes can impact individual financial planning. Strategic pension contributions can mitigate these effects ...


The consolidation of these small pension pots into a single pension scheme will benefit millions!

The Future of Small Pension Pots

The landscape of retirement savings in the UK is changing, especially concerning small pension pots ...


Working alongside a knowledgeable tax adviser who specialises in property means investors can safeguard themselves against costly misjudgments!

Stamp Duty: The £6.6M Property That Cost An Extra £475K

Few events are as nerve-wracking as encountering unexpected tax demands following a significant purchase ...


When it comes to tax on savings, savers should consider working with a tax adviser to mitigate the financial impact!

More Than 1.1 Million Savers Affected by New Tax on Savings

More than 1.1 million savers across the country have been impacted by a burgeoning tax on savings ...


Parents should also be aware of the 'seven-year rule' when gifting cash!

The Perils Of Gifting Cash To Your Children

Gifting cash for a property purchase is a common way parents support their offspring in securing a home ...


Rather than hiding your wealth, it really is in your best interests to make a voluntary disclosure to HMRC!

Do You Need To Make A Voluntary Disclosure To HMRC?

With the introduction of new computer systems, it is increasingly difficult to keep things hidden from HMRC ...


The ticking clock serves as a reminder that the opportunity to top up your state pension is finite!

Time is Running Out to Top Up Your State Pension

As individuals approach their retirement years, the importance of a robust financial plan becomes paramount ...


Inheritance Tax remains a significant concern for many!

Writing Life Insurance in Trust Can Benefit Your Estate

Inheritance Tax (IHT) is a complex and often daunting subject for many individuals and families. In recent years, the government has seen an uptick in IHT receipts, with figures reaching £7.5 billion for the tax year 2023/24 and likely to increase further ...

If some or all of your property could be used as a residence, then it falls under ATED!

ATED: Annual Tax On Enveloped Dwellings Deadline

Are you due to submit your Annual Tax on Enveloped Dwellings (ATED) soon? You may need to even with no tax due ...


Act now to take full advantage of the tax-free allowances available to you!

Don’t Miss Out on Your Tax Free Allowances

As the final weeks of the 2024-25 tax year approach, taxpayers are aware of an impending deadline: the 5th of April ...


Drivers who's EV costs less that £40K will pay £195 and if they cost more, they'll pay £600!

Many Electric Vehicle Owners Unaware of Looming Road Tax

EV ownership is set to undergo a transformation. Many EV owners are oblivious to a looming road tax bill ...


Embrace the opportunities that Deeds of Variation offer, as they may pave the way for better financial outcomes for your family!

Understanding Deeds of Variation

Dealing with the loss of a loved one is never easy, especially when coupled with the complexities of managing an estate ...


Navigate these changes effectively and protect yourself from additional Inheritance Tax!

Inheritance Tax: Understanding Double Taxation Risks for Pensions

The recent announcement of pensions and Inheritance Tax has significant implications for your financial planning ...


If you've been involved in a disguised remuneration scheme, you can expect to receive a letter from HMRC!

HMRC: Important Updates on Disguised Remuneration

HMRC knows that navigating the complexities of taxation concerning the Loan Charge can feel overwhelming ...


HMRC has set its sights on robust tax investigations in 2025!

Understanding HMRC's Compliance Priorities For 2025

The fiscal landscape continues to shift under the new government, and HMRC will ramp up its investigations in 2025 ...


It's about ensuring that you're compliant while still maximising the legitimate benefits of R&D tax relief!

HMRC Encourages Voluntary Disclosures for R&D Tax Relief Over-Claims

There are concerns about inaccuracies with R&D tax relief claims, so HMRC has launched a new disclosure service ...


While navigating the HICBC during a separation can seem overwhelming, understanding its intricacies provides clarity!

HICBC: A Guide for Separated Families

During separation, one financial aspect that often goes overlooked is the High-Income Child Benefit Charge ...


Here's some fun tax trivial for you to use instead of rubbish cracker jokes!

Wishing You All A Very Merry Christmas

With most of us finishing for the holidays this week, I thought I'd join the festivities and let you have some tax trivia. You could even use a few of these facts as a replacement for rubbish cracker jokes this year ...

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