---
title: "Latest News and Insights - Ritchie Phillips - Chartered Accountants in London and Horsham | Specialist Tax Advice"
description: "Find the latest news and updates in accounting that affect you, your tax and your business."
url: "https://www.ritchiephillips.co.uk/insights?start=90"
date: "2026-06-03T19:58:36+00:00"
language: "en-GB"
---

[ ![The Budget 2021. Tax Disputes and Investigations](https://www.ritchiephillips.co.uk/images/blog/shutterstock_1928577788.jpg) ](https://www.ritchiephillips.co.uk/insights/the-budget-2021-tax-disputes-and-investigations)

##  [ The Budget 2021. Tax Disputes and Investigations ](https://www.ritchiephillips.co.uk/insights/the-budget-2021-tax-disputes-and-investigations)

As we conclude our series of Insights into the recent Budget, it’s worth a quick reminder that HMRC are likely to be taking a robust approach to Covid 19 fraud and late payment of tax.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/the-budget-2021-tax-disputes-and-investigations)

 [ ![The Budget 2021. Coronavirus Support](https://www.ritchiephillips.co.uk/images/blog/shutterstock_1928577788.jpg) ](https://www.ritchiephillips.co.uk/insights/the-budget-2021-coronavirus-support)

##  [ The Budget 2021. Coronavirus Support ](https://www.ritchiephillips.co.uk/insights/the-budget-2021-coronavirus-support)

Unsurprisingly perhaps, the recent Budget made provision for continued financial support for businesses, particularly the hospitality sector. In this week’s Insight, we summarise the main areas which may assist you as your business transitions out of lockdown and gets back to business.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/the-budget-2021-coronavirus-support)

 [ ![Budget 2021. Employment and Employees](https://www.ritchiephillips.co.uk/images/blog/shutterstock_1928577788.jpg) ](https://www.ritchiephillips.co.uk/insights/budget-2021-employment-and-employees)

##  [ Budget 2021. Employment and Employees ](https://www.ritchiephillips.co.uk/insights/budget-2021-employment-and-employees)

In addition to navigating a post-COVID world, there are a number of areas covered by the recent Budget which employers need to get to grips with. In this week’s Insight, we take a brief look at the new IR35 provisions as well as Government initiatives in respect of apprenticeships and traineeships, and increases to the National Minimum Wage.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/budget-2021-employment-and-employees)

 [ ![Budget 2021. Business Tax](https://www.ritchiephillips.co.uk/images/blog/shutterstock_1928577788.jpg) ](https://www.ritchiephillips.co.uk/insights/budget-2021-business-tax)

##  [ Budget 2021. Business Tax ](https://www.ritchiephillips.co.uk/insights/budget-2021-business-tax)

As businesses and entrepreneurs start to recover from the impact of COVID 19, the government has to walk the fine line of recouping some of the massive financial support that’s been provided to support businesses and workers alike, whilst continuing to support them through the economic recovery. So, in the next few weeks, we’ll be examining some of the details of the recent Budget and how they may affect businesses and entrepreneurs.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/budget-2021-business-tax)

 [ ![Your Year-End Tax Planner. Part 6.](https://www.ritchiephillips.co.uk/images/blog/shutterstock_316367753-1-1.jpg) ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planner-part-6)

##  [ Your Year-End Tax Planner. Part 6. ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planner-part-6)

## **Helping Your Children and Grandchildren**

There are a number of tax efficient methods by which you can help your children and grandchildren. Funding these opportunities may be a lifetime gift reducing your estate for inheritance tax purposes. They may also generate tax benefits for your children and grandchildren with either tax credits at source or reduced income tax liabilities within a family.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planner-part-6)

 [ ![Budget 2021. Inheritance, investments, and pensions](https://www.ritchiephillips.co.uk/images/blog/shutterstock_1928577788.jpg) ](https://www.ritchiephillips.co.uk/insights/budget-2021-inheritance-investments-and-pensions)

##  [ Budget 2021. Inheritance, investments, and pensions ](https://www.ritchiephillips.co.uk/insights/budget-2021-inheritance-investments-and-pensions)

## **Inheritance Tax, tax efficient investments, pensions and helping the grandchildren**

Following on from this month’s Budget, in today’s Insight, we take a look at a number of areas covered by the Budget that may be important as part of your financial planning and strategy.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/budget-2021-inheritance-investments-and-pensions)

 [ ![Budget 2021. Income Tax and Capital Gains Tax](https://www.ritchiephillips.co.uk/images/blog/shutterstock_1928577788.jpg) ](https://www.ritchiephillips.co.uk/insights/budget-2021-income-tax-and-capital-gains-tax)

##  [ Budget 2021. Income Tax and Capital Gains Tax ](https://www.ritchiephillips.co.uk/insights/budget-2021-income-tax-and-capital-gains-tax)

On Wednesday 4 March 2021, Chancellor Rishi Sunak presented his second Budget, which he described as a “three-part plan to protect the jobs and livelihoods of the British people” comprising:

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/budget-2021-income-tax-and-capital-gains-tax)

 [ ![Your Year-End Tax Planner. Part 5.](https://www.ritchiephillips.co.uk/images/blog/shutterstock_559581607.jpg) ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planner-part-5)

##  [ Your Year-End Tax Planner. Part 5. ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planner-part-5)

## Tax Efficient Investments

There are a number of tax efficient investment schemes.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planner-part-5)

 [ ![Your Year-End Tax Planning. Part 4.](https://www.ritchiephillips.co.uk/images/blog/img-blog-4c-1024x655.jpg) ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planning-part-4)

##  [ Your Year-End Tax Planning. Part 4. ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planning-part-4)

## **Pensions and ISAs**

## **Pensions**

The lifetime allowance is £1,073,100 for 2020/21 and is likely to increase in line with inflation in subsequent tax years. Certain taxpayers who have already funded their pension plans on the basis of the previous lifetime limits had the opportunity to apply for fixed protection to fix their lifetime allowance to such previous limits.

 [ Read more … ](https://www.ritchiephillips.co.uk/insights/your-year-end-tax-planning-part-4)

 Page 11 of 18

- [ ](https://www.ritchiephillips.co.uk/insights)
- [ ](https://www.ritchiephillips.co.uk/insights?start=81)
- [ 6 ](https://www.ritchiephillips.co.uk/insights?start=45)
- [ 7 ](https://www.ritchiephillips.co.uk/insights?start=54)
- [ 8 ](https://www.ritchiephillips.co.uk/insights?start=63)
- [ 9 ](https://www.ritchiephillips.co.uk/insights?start=72)
- [ 10 ](https://www.ritchiephillips.co.uk/insights?start=81)
- 11
- [ 12 ](https://www.ritchiephillips.co.uk/insights?start=99)
- [ 13 ](https://www.ritchiephillips.co.uk/insights?start=108)
- [ 14 ](https://www.ritchiephillips.co.uk/insights?start=117)
- [ 15 ](https://www.ritchiephillips.co.uk/insights?start=126)
- [ ](https://www.ritchiephillips.co.uk/insights?start=99)
- [ ](https://www.ritchiephillips.co.uk/insights?start=153)

## Schema

```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.ritchiephillips.co.uk" }, { "@type": "ListItem", "position": 2, "name": "Insights", "item": "https://www.ritchiephillips.co.uk/insights.md" } ] }
```
