Making a loan from a persona...
Event date: 1st Jan 1970
There are many possible situations in which a person may make a loan to a family member, for example, a parent may lend money to an adult child…
Event date: 1st Jan 1970
Event date: 1st Jan 1970
There are many possible situations in which a person may make a loan to a family member, for example, a parent may lend money to an adult child…
Event date: 1st Jan 1970
Cars are a special case when it comes to capital allowances. While capital allowances may be claimed on cars used in a business, partners and sole traders have…
Event date: 1st Jan 1970
Although many companies are facing difficult times, some have managed to accumulate a sizeable amount of cash in their business’ current account. Leaving this cash where it is…
Event date: 1st Jan 1970
With Chancellor Rachel Reeves facing a £20 bn–£30 bn fiscal gap, all eyes are on the Autumn 2025 Budget. While Labour pledged not to hike income tax, VAT, or employee…
Event date: 1st Jan 1970
The HMRC Let Property Campaign (LPC) is an opportunity for individual landlords who owe tax on rental income to come forward and bring their tax affairs up to…
Event date: 1st Jan 1970
When planning to pass on wealth to loved ones, it’s important to understand which gifts may be free from Inheritance Tax (IHT). HMRC offers several gift exemptions—some of…
Event date: 1st Jan 1970
With the next tax return season approaching, it’s important to check whether you need to submit a Self Assessment tax return for the 2024/25 tax year. Even if…
Event date: 1st Jan 1970
If you’re a non-UK resident and you sell UK residential or commercial property, you may be liable to UK Capital Gains Tax (CGT)—even if you live abroad and…
Event date: 1st Jan 1970
If you or your partner claim Child Benefit and either of you earns over £60,000, you may need to repay some or all of it. This is done…