Date posted: 8th Feb 2023
Many residential landlords purchase their investment properties with the aid of a mortgage. In the current climate of rising interest rates, landlords may be wondering whether any tax…
Date posted: 8th Feb 2023
A gain on the sale of an investment property, such as a buy-to-let or second home, will be liable to capital gains tax to the extent that it…
Date posted: 8th Feb 2023
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at which they pay tax to receive dividends up…
Date posted: 8th Feb 2023
The 31 January 2023 deadline has passed – if you did not manage to submit your 2021/22 Tax Return by the deadline, then HMRC will issue an automatic…
Date posted: 8th Feb 2023
You know that feeling – the one after a large chunk of your personal monies are sent to HMRC…. Is it time to make a late new year’s…
Date posted: 9th Jan 2023
At the Autumn Statement, HMRC were given a further £79m to continue to tackle tax avoidance and evasion. HMRC believe that this will raise a further £725m in…
Date posted: 9th Jan 2023
Whilst the new tax year is a few months away, we felt it was a worthy time to remind taxpayers that the capital gains tax allowance for 2023/24…
Date posted: 9th Jan 2023
Sometimes it is obvious that a trade is being undertaken – a plumbing business, a manufacturing business, an accountant or solicitor are all ‘trades’. However, not all trading…
Date posted: 9th Jan 2023
Business Property Relief (BPR) is an attractive inheritance tax (IHT) relief potentially providing 100% tax relief in respect of qualifying assets (termed ‘relevant business property‘) relating to both…
Date posted: 9th Jan 2023
The Construction Industry Scheme (CIS) is a tax deduction scheme under which tax is deducted from payments made to subcontractors for construction work unless the subcontractor is registered…
