From 6 April 2023 married couples and civil partners who are divorcing will no longer need to settle their estates within the current short window of the tax year in which they separate, known as ‘the year of permanent separation’.
Submitted by
Sestini & Co | on Wed, 07/13/2022 - 14:23 | In
HMRC Sestini & Co were one of the first signatories of the Women in Finance Charter when it started in 2016 and were pleased to see the growth of the initiative as reported at this year’s annual review, the fifth since the Charter started.
This year’s event was chaired by Yasmine Chinwala, OBE, Partner at New Financial.
John Glen MP, Economic Secretary to the Treasury, was the first to speak, noting that the Charter had been in existence for 6 years, now has [- -]
Submitted by
Sestini & Co | on Thu, 06/30/2022 - 9:05 | In
Uncategorized Rachel Sestini recently spoke to Pedro Guimarães of Canopy Community, an organisation that exists to support entrepreneurs and innovators on their lifelong journey.
With the recent uproar over Akshata Murthy’s tax status in the UK and her decision not to elect the remittance basis of taxation going forwards, we thought it would be interesting to do a round-up of some of the tax incentives offered across Europe to individuals relocating who have previously been non-resident in the territory in question.
Submitted by
Sestini & Co | on Tue, 05/03/2022 - 13:38 | In
Sestini & Co news Sestini & Co continues to develop, with our latest move to establish a new office in Jermyn Street, St James’, London in the first quarter of 2022.
Submitted by
Sestini & Co | on Tue, 03/29/2022 - 12:08 | In
international tax,
non-dom The April 18th tax filing deadline less than a month away for US citizens and others required to file a tax return in the US but the IRS is still experiencing delays.
Submitted by
Sestini & Co | on Thu, 02/24/2022 - 12:55 | In
job vacancies A fantastic opportunity for a practice accountant to join Sestini & Co, a busy practice in Paulton, between Bath and Bristol with flexible working arrangements.
Submitted by
Sestini & Co | on Wed, 02/09/2022 - 11:43 | In
Tax planning and pensions IRS reportedly has a backlog of more than 6 million unprocessed tax returns, even though the return payments associated with these tax returns have been processed. Here’s what to do if you receive a ‘failure to return’ notice.
Submitted by
Sestini & Co | on Tue, 11/30/2021 - 9:01 | In
international tax,
non-dom The 2022 Budget and Tax bill in the USA, aka the Build Back Better Act, calls for nearly $2 trillion in tax increases on corporations and the “super rich”, although Biden has vowed not to raise direct taxes on people earning $400,000 or less.
As well as tax proposals, it includes provision for substantive sums to fight climate change, universal preschool, child tax credits, 4 weeks of paid leave, healthcare spending, affordable home care, and affordable housing.
The Bill also includes suspension [- -]
Submitted by
Sestini & Co | on Mon, 11/01/2021 - 9:19 | In
Budget,
Pensions,
Tax planning and pensions Chancellor Rishi Sunak in the 27th October Budget freely acknowledged that taxes are at their highest for 70 years, but pledged to cut them against a backdrop of positive news from the OBR calculating that the economy will hit pre-Covid levels by the end of 2021, and that the economy is expected to grow by 6% in 2022.
“By the end of this Parliament, I want taxes to be going down not up,” he said.
We’ve highlighted below key tax points from [- -]
