Welcome to the ammu

Tax Planning + Advice Hub

Tax planning is key to optimising tax relief and allowances for a robust financial plan for life, work and family.

ammu Hub Expert Emily Wilson

Our hub gives you the facts, case studies and resources to help with tax planning and plan for the future.

We’ll give you the advice and support you need to optimise your tax relief and allowances and make the right decisions for you today and for tomorrow.

Recent News + Blogs

Scotland needs a new tax system and higher tax revenue

Scotland needs a new tax system and higher tax revenue

This was the conclusion reached in a paper published by Reform Scotland at the end of June 2022 and written by Heather McCauley, a former senior civil servant who has worked for the UK, Scottish and New Zealand Governments. We […]
Reclaiming overpaid inheritance tax

Reclaiming overpaid inheritance tax

Inheritance tax (IHT) is expected to raise £37 billion over the next five years – £10 billion more than in the past five years. But IHT is sometimes overpaid and it is reported that families have made 32,000 claims for IHT […]
some of the recent NIC changes have caused complications

some of the recent NIC changes have caused complications

Some of the latest changes to national insurance contributions (NICs) started from 6 July 2022, causing complications for self-employed people and directors.  Normally rates and thresholds are set for the whole tax year, as with employers’ contributions, which increased to […]
making tax digital for sole traders and landlords

making tax digital for sole traders and landlords

The widening scope of Making Tax Digital (MTD) is highlighting several issues, including the limited availability of the MTD for income tax pilot scheme, and low awareness of the recent expansion of MTD for VAT to all VAT registered businesses. […]
what is employment?

what is employment?

The Court of Appeal has for the first time ruled on employment status under the intermediaries legislation (often known as IR35) in two cases involving Kaye Adams and Paul Hawksbee – and agreed with HMRC in both. In each case […]
Charitable giving pitfalls

Charitable giving pitfalls

Many individuals donate to charity simply for altruistic reasons, but this doesn’t mean the tax benefit should be ignored. With Gift Aid donations saving tax at an individual’s marginal rate, donors need to watch out for any pitfalls that might […]
Higher rate taxpayers: no longer a select club

Higher rate taxpayers: no longer a select club

Higher rate taxpayer numbers are rising sharply, and if that’s you, then advice is now more important than ever. Source: ONS data, OBR projections. There was once a time when paying tax at more than the basic rate made you […]
Spring Statement – March 2022

Spring Statement – March 2022

The Spring Statement was not meant to be a March mini-Budget, despite what many headlines in the days before suggested. Mr Sunak believes in the once-a-year approach to major tax and spending changes, unlike some of his predecessors. However, in […]
Taxing wealth – a viable option?

Taxing wealth – a viable option?

As we look ahead to the Budget on March 3 – a full update will be published on ammu.uk shortly after the Chancellor’s statement – it is worth looking at some of the issues that may well be under consideration. […]
autumn budget: personal taxation and investments

autumn budget: personal taxation and investments

income tax For 2022/23 to 2025/26, the personal allowance will remain at £12,570 and the higher rate threshold at £50,270, as previously announced. In Scotland, the higher rate threshold for non-savings, non-dividend income will be announced in the Scottish Budget […]
CGT reporting and payment deadline extended

CGT reporting and payment deadline extended

For disposals of UK residential property completed on or after 27 October 2021, the reporting and capital gains tax (CGT) payment deadline has been extended from 30 days after completion to 60 days. The previous 30-day time limit has proved […]
IHT business relief for holiday lets

IHT business relief for holiday lets

There are various tax advantages to a rental property being treated as a furnished holiday letting, but inheritance tax (IHT) business relief is generally not one of them. Even though the law supports HMRC’s view, property owners regularly appeal against […]
Recovery of VAT on Electric car charging

Recovery of VAT on Electric car charging

The Government is committed to encouraging more and more people to drive electric cars and have reduced or eliminated the income tax benefits of providing electric company cars or charging points for employees. Since 6 April 2019 there has been […]
Output VAT on the supply of private road fuel

Output VAT on the supply of private road fuel

HMRC have amended the VAT road fuel scale charges with effect from 1 May 2021. Businesses must use the new scales from the start of the next prescribed accounting period beginning on or after 1 May 2021. The valuation rate […]
18 Point Tax Year End Checklist

18 Point Tax Year End Checklist

Before the current tax year ends, it’s worthwhile asking yourself ‘have I utilised all tax allowances and exemptions available to me, my family, and/or business?’. To help you we’ve outlined 18 opportunities that may be available for personal and for […]
Are you ready for the new IR35 rules?

Are you ready for the new IR35 rules?

Following December’s election result we wait eagerly for news on an IR35 review for the private sector. New IR35 rules for medium to large private organisations are scheduled for April 2020. However, Chancellor Sajid Javid commented, on Radio 4’s Moneybox, that an IR35 review would take place before April. The promise of a review was…Read More

Guides, Factsheets + Events

  • Tax Tables 2022-23

    UK and Scotland Personal and Business Tax Rates
    Tax rates, reliefs and allowances: UK and the Scottish income and property taxes.

  • Tax Matters Guide

    Tax Matters 2022-23
    With ideas affecting income and investment, for couples, company directors and employees, and self-employed people, there will be something for everyone.

  • Tax Services

    Tax Services
    How can you make tax work for you? Effectively managing your tax affairs