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Stephen Parnham

@StephenParnham

Mountain loving chartered tax adviser, best-selling author and freelance writer advising individuals, the accountancy and legal professions #inheritancetax

 Gloucestershire
stephenparnhamtaxation.com
Joined May 2010
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You won’t believe the REAL reasons our tax year ends on 5th April until you read, ‘The Intriguing Truth About 5th April’ #1AmazonBestseller
Image from Stephen Parnham (@StephenParnham)
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EU-funded report calls for wealth of super-rich to be taxed, not income uk.finance.yahoo.com/news/eu… via @Yahoo
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HMRC is clamping down on 'side hustles' – what tax do you need to pay? which.co.uk/news/article/hmr…
HMRC is clamping down on 'side hustles' – what tax do you need to pay? - Which?

HMRC is clamping down on 'side hustles' – what tax do you need to pay? - Which?

Everyone from holiday homeowners to delivery drivers will be affected by new data-sharing rules

which.co.uk
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Inheritance tax receipts set to hit a record moneyweek.com/personal-finan…
Inheritance tax receipts set to hit a record

Inheritance tax receipts set to hit a record

The taxman is collecting more inheritance tax (IHT) than ever before and this trend is set to continue. We explain why and what you can do about it.

moneyweek.com
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HMRC targets 30% call volume reduction | AccountingWEB accountingweb.co.uk/tax/hmrc…
HMRC targets 30% call volume reduction

HMRC targets 30% call volume reduction

The revelation was made during a Treasury Committee meeting [1] in which Harra, as well as Angela MacDonald, HMRC's deputy chief executive, were

accountingweb.co.uk
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Spike expected in director disqualifications | AccountingWEB accountingweb.co.uk/business…
Spike expected in director disqualifications

Spike expected in director disqualifications

A crackdown on the abuse and misuse of Covid-19 financial support schemes could see the number of director disqualifications in 2024 head towards

accountingweb.co.uk
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When does period of ownership for PRR begin? | AccountingWEB accountingweb.co.uk/tax/pers…
When does period of ownership for PRR begin?

When does period of ownership for PRR begin?

In October 2010, taxpayers Gerald and Sarah Lee [1] bought a house with land for £1.7m. The original house was demolished, and the replacement completed

accountingweb.co.uk
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rpc.co.uk/perspectives/tax-t…
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Govt rebuffs Treasury Committee call for major tax relief review professionaladviser.com/4136… via @profadviser
Govt rebuffs Treasury Committee call for major tax relief review

Govt rebuffs Treasury Committee call for major tax relief review

Wide-ranging review not ‘effective use of limited resources’

professionaladviser.com
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HMRC trial offers staff a three-day week in summer | AccountingWEB accountingweb.co.uk/tax/hmrc…
HMRC trial offers staff a three-day week in summer

HMRC trial offers staff a three-day week in summer

An HMRC pilot scheme to improve customer service levels will involve offering 100 staff members reduced working hours during the relatively

accountingweb.co.uk
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How much are frozen income tax bands costing the average taxpayer? thismon.ee/a/12644069 via @ThisIsMoney

How much are frozen income tax bands costing the average taxpayer?

Figures from the Institute of Fiscal Studies show that the frozen income tax and national insurance bands are set to generate the Treasury an extra £52bn a year by 2027/28.

thisismoney.co.uk
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France bypasses vote to push tax revenue bill forward uk.news.yahoo.com/france-byp… via @yahooNewsUK
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Accountants battle software integration frustration | AccountingWEB accountingweb.co.uk/tech/acc…
Accountants battle software integration frustration

Accountants battle software integration frustration

‘Integration’ is a tricky term to define, particularly from an accounting software perspective. When attempting to combine software tools from

accountingweb.co.uk
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Is this the end of the carried-interest loophole? | AccountingWEB accountingweb.co.uk/tax/hmrc…
Is this the end of the carried-interest loophole?

Is this the end of the carried-interest loophole?

The Good Law Project (GLP) instigated a legal challenge [1] earlier this year, imploring HMRC to close the “carried-interest loophole” that hands

accountingweb.co.uk
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Plot twist as film LLP found not to be trading | AccountingWEB accountingweb.co.uk/tax/busi…
Plot twist as film LLP found not to be trading

Plot twist as film LLP found not to be trading

Some say that film partnerships existed solely to further the business of the movie industry and that any tax benefits received were purely incidental.

accountingweb.co.uk
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Cancelled share options deemed taxable in full | AccountingWEB accountingweb.co.uk/tax/hmrc…
Cancelled share options deemed taxable in full

Cancelled share options deemed taxable in full

The first tier tribunal (FTT) has found that a payment for the cancellation of a taxpayer’s stock options was taxable in full, and not eligible for the

accountingweb.co.uk
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Tony Wickenden: IHT abolition is not the answer
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HMRC reviews taxation of non-doms' loans remitted to UK step.org/industry-news/hmrc-…
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ii.co.uk/analysis-commentary…
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Who pays inheritance tax on jointly-owned property, explained inews.co.uk/inews-lifestyle/…
Who pays inheritance tax on jointly-owned property, explained

Who pays inheritance tax on jointly-owned property, explained

There are different ways to split the ownership of a house, and the arrangement you have will affect how inheritance tax is handled

inews.co.uk
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