Companies House has confirmed a delay to new identity verification requirements for individuals submitting documents on behalf of companies. The measures, introduced under the Economic Crime and Corporate Transparency Act 2023, will now take effect from November 2026. The delay allows Companies House to prioritise the rollout of identity checks for directors and people with...
Retailer Mothercare has warned that its future is uncertain after breaching the terms of an emergency loan agreement. The announcement led to a sharp fall in the company’s share price. Recent financial results showed a significant drop in sales and revenue, while outstanding debt remains high. The company has acknowledged that there is material uncertainty...
The UK government’s inheritance tax (IHT) receipts are on track to hit a staggering £9 billion by 2027, according to forecasts from the Office for Budget Responsibility (OBR). This sharp rise in UK Inheritance Tax (IHT) revenue reflects a combination of frozen thresholds and rising property values — factors that could impact many families who...
The UK government has reported record-high inheritance tax (IHT) receipts, largely due to the continued freeze on thresholds. With property values rising and tax-free allowances unchanged, more families are now facing increased tax liabilities. According to a Euronews report, the total IHT receipts have reached unprecedented levels, raising concerns among taxpayers. Why Are UK Inheritance...
Copyright by CareAccountancy. All rights reserved.
Copyright by CareAccountancy. All rights reserved.
