HM Insights

Legal Insights & Industry Updates

Life, business and the law

The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.

Latest Articles

  • Taxpayers must check HMRC email Penalty Notices

    Taxpayers must check HMRC email Penalty Notices

    Taxpayers are being urged to check their online accounts after the First-tier Tax Tribunal upheld penalties for the late filing of a self-assessment tax return. If you need further help with your self-assessment tax return, please contact our Tax Department.

  • Almost one in four estates investigated for IHT purposes

    Almost one in four estates investigated for IHT purposes

    One month after the Office for Tax Simplification (OTS) suggested a mass overhaul of the Inheritance Tax (IHT) regime, HMRC have revealed a 3.4% increase in the number of investigations into estates in which IHT was due. In 2018/2019, 5,537 investigations were conducted equating to around 23% of the estates in which the tax was payable.

  • IR35 Draft Legislation - Off-payroll rules to come into force

    IR35 Draft Legislation - Off-payroll rules to come into force

    HMRC have recently published the Finance Bill 2019/20 which introduces new off-payroll rules which are set to come into force on 6th April 2020. The changes include an extension of the current IR35 rules which at present apply only to the public sector, into the private sector.

  • The Edinburgh effect – why it's all growth in our capital's investment world

    The Edinburgh effect – why it's all growth in our capital's investment world

    Edinburgh is renowned for its high standard of living and quality of life, however, it is also world-class when it comes to the amount of support available to young and growing businesses. So it's no wonder more and more people are waking up to the benefits of launching a business in the city and being part of it and Scotland's thriving ecosystem.