Latest News and Updates

UK Inheritance Tax and Estate Planning
Do you have clients with relatives, property, inheritances, or businesses in the UK? Join our Tax Partner, Tim Cook and Zahra Kanai (Partner and Wills & Tax planning at Thackray Williams) in collaboration with the International Estate Planning Council for a live seminar focusing on inheritance tax and estate planning strategies for residents and non-residents.  Together they will focus
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tax advantages of company electric vehicles
As businesses explore ways to be ‘greener’, organisations look to employ a tax regime that encourages zero or low emission vehicles.   So, what exactly are the tax benefits? We look at some more commonly asked questions from clients wanting to understand the tax advantages of electric vehicles (EV) or e-bikes.     How do you calculate
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Expansion of the Trust Registration Service - what you need to know
From 1 September, the Trust Registration Service (TRS) expansion means more trusts will need to register with HM Revenue & Customs. Introduced five years ago, the TRS makes the beneficial ownership of assets held in trust more transparent. While many trusts have already signed up to the TRS, the expanding service remit now includes more
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guidance on tipping apps - tip box for collecting tips
When HM Revenue & Customs (HMRC’s) current guidance on the tax treatment of tips and troncs was first published back in 2014, tips and troncs were paid almost exclusively in cash or through card transactions. Of course, in the eight years since, things have changed dramatically and payments are frequently made via app-based platforms, whether
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Hiring your first employee? notepad with top tips in black font
According to Small Business, we have seen a surge in new company formations over recent years as entrepreneurs develop innovative business ideas and bring them to market.  On top of this, many workers are scaling up their "side hustles" operations to deal with customer and client demand. Many businesses initially rely solely on the founder. However, there
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Working from home tax relief
HM Revenue & Customs (HMRC) is retaining its online portal for workers to continue claiming the working from home tax relief for the 2022/23 tax year. Whilst the rules and relief value remain unchanged, far fewer people like to claim this relief.  Unless another lockdown occurs, only people instructed by their employers to work from
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government support business loans
Throughout the pandemic, the Government has offered £79.3bn in loans to help businesses survive and invest for the future.  However, only the Recovery Loan Scheme remains open until the end of June - with no replacement lined up to take its place.  Despite the popularity and value of these loan schemes, many small businesses are concerned they
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PAYE payments paid correctly to HMRC
Are you or your clients making PAYE payments to HM Revenue & Customs (HMRC)? Fresh warnings are out by HMRC to remind employers to ensure that their payment reference numbers are correct so that payments are recognised. Each payment reference number relates to a specific employer and covers a particular accounting period. HMRC uses these
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Trees for Cities fundraiser #walkthismay
Did you know that May is National Walking Month? #WalkThisMay 🚶‍♀️🚶‍♂️ At Wilder Coe, we regularly encourage activities that help reduce our environmental impact, inspire healthy lifestyles, and support local communities. Our next fundraising challenge aims to get everyone to embrace the great outdoors, stretch their legs, and improve our neighbourhoods by raising money for
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What is Gift Aid?
Did you know that you can claim back 25p each time an individual donates £1 to your charity? This is Gift Aid. Although there are rules on the types of donations you can claim gift aid on, if you are a recognised charity or community amateur sports club (CASC), you can claim online and receive payments
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Good governance in search box with hands pointing over wooden table
The Charity Governance Code committee has set out several principles for charities in England and Wales. The Charity Commission states that “good governance is no longer an optional extra. It is essential to charities’ effectiveness and survival too.” As a charity trustee, you must be able to demonstrate that you take the principles seriously and can adapt, when necessary, the
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Charity collaboration with organisations help during humanitarian crisis
As the war in Ukraine continues, many charities are working tirelessly to help the estimated 18 million people affected by the conflict.  Globally, commercial and other organisations are putting forth their best efforts to fundraise and support those affected by the crisis. Charities can collaborate with these organisations to achieve the same outcome by:  Fundraising,
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If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email info@wildercoe.co.uk.

Do you have clients with relatives, property, inheritances, or businesses in the UK? Join our Tax Partner, Tim Cook and Zahra Kanai (Partner and Wills & Tax planning at Thackray Williams) in collaboration with the International Estate Planning Council for a live seminar focusing on inheritance tax and estate planning strategies for residents and non-residents.  Together they will focus
Find out more

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If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email info@wildercoe.co.uk.