18 May 2018 | Firm News, Personal Tax Planning, Property Services
There have been quite a few changes to the taxation of rental income and rental properties in the past few years – removal of “Wear & Tear” allowance, restriction of relief for loan interest, increased exposure to Stamp Duty Land Tax, extra Capital Gains Tax. And...
12 Mar 2018 | Firm News, Personal Tax Planning, Property Services
We are all aware that Councils are being pushed to find land on which to build houses to achieve Government targets. Maybe you have some land which you are considering selling for development, but have you thought through all your options and considered all the...
3 Jan 2018 | Firm News, Personal Tax Planning
For some time we have been waiting for the new non-domicile rules to be signed into law. They were announced last year but prior to the election were put on hold. Now the Finance (No 2) Act 2017 has received Royal Assent they are in force. The charges are effective...
1 Nov 2017 | Firm News, Personal Tax Planning, Self Assessment
HMRC have been phasing in the use of online personal tax accounts for the past couple of years. These online accounts are available to all UK tax payers (both personal and business), and allow you to manage your tax affairs online. With a secure registration process,...
10 Oct 2017 | Firm News, Personal Tax Planning, Self Assessment
As a fairly recent newly-wed, this one had passed me by until saw it flagged up on my Personal Tax Account. Although not eligible myself, it really was very simple to check, and so I’m keen to spread the word on this little-known perk of married life… The...
7 Mar 2017 | Firm News, Personal Tax Planning
Capital Gains Tax rates are now far less punitive than they used to be in my day. The Holy Grail of a 10% tax rate, hitherto the preserve of certain business disposal only, may be available to basic rate taxpayers incurring gains on chargeable assets other than...
