Reducing your inheritance tax bill by charitable means

Local Accountants and tax advisers, Trueman Brown, warn taxpayers that they can reduce their inheritance tax liabilities by making a charitable gift. Making gifts to charity can be an effective way to reduce the amount of inheritance tax (IHT) payable on your estate....

Accounting Records: Complete Guide for UK Businesses

​Why your accounting records matter When you run a business, keeping accurate and complete accounting records is absolutely vital. Whether you’re a sole trader, partnership or limited company, these records provide the foundation for everything from assessing profit...