All You Need To Know About Changes in CGT Regime For Non-Resident Taxpayers
If you are a non-UK resident taxpayer and wondering whether or not you are required to pay CGT (Capital Gains…
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All You Need To Know About Changes in the CGT Regime for UK Resident Taxpayers
If you are a UK resident taxpayer and you dispose of or sell your property, under new changes in regime…
CGT Return 30 Days Filing Deadline - Key Points To Remember
There are certain points that one should keep in mind while preparing CGT return, especially if this is your first…
Kickstart Work Scheme – Everything You Need To Know About Initiative
In a bid to minimise the impact of Covid-19 on the economy and to avert the looming threat of mass…
All You Need To Know About R&D Tax Relief
Looking out to claim R&D tax relief, read this absolute and updated guide to check your eligibility and R&D Tax…
Capital Gains Tax - Changes to Private Residence Relief and Lettings Relief
The government has introduced changes in Capital Gains Tax that have come into effect from the 6th of April-2020. In…
Power of Trustees Expanded for Inheritance Tax Planning
The High Court has expanded the Power of Trustees for Inheritance Tax Planning under expediency provisions illustrated in Section 57…
To set or not to set - All You Need To Know About Using Limited Company as Property Investor
In this article, you’ll learn the PROs and CONs of using a Limited Company as a property investor in regards…
Tax-free income and allowances - How to reduce your tax receipts legally?
In this article, you’ll learn about the threshold of tax-free income, and various tax reliefs and allowances that you’re legally…
Efficient Ways To Extract Dividends And Wages from Limited Company
If you have set up a limited company and are looking for the most tax-efficient ways to extract dividends and…
Transaction in Securities
Rules of Transactions in Securities falls under the category of anti-abuse rules. If applied, any gain or profit is charged…
Stamp Duty Land Tax (SDLT)
Some common misconceptions about the Stamp Duty land Tax (SDLT) SDLT is the tax that must be paid on purchase…
What kind of business are you setting up?
Deciding on what kind of business structure to utilise is the most significant choice to make while setting up your…
How to register yourself under the Construction Industry Scheme?
If you are self-employed in the construction industry, at that point you can decide to enroll with HM Revenue and…
Guidance for Employees Going to work
Guidance for Employees Going to work You should work from home unless it is impossible for you to do so.…
Frequently asked questions – Corona virus Job Retention Scheme
25 March 2020: the following is our understanding of this policy and how this will work based on the information…
Delay to MTD for VAT: What You Need to Know
In June, HMRC announced that certain entities would be granted a further deferral of the commencement date for MTD for…
Should I Consider a Furnished Holiday Let?
The summer season is upon us – which, for many, means it’s time to take a well-earned holiday! Unsurprisingly, the…
Different Forms of Employment – and How They’re Taxed
February is here – which, for many, means breathing a big sigh of relief. The self-assessment tax return deadline of…
Another allegation of Tax Evasion
Jose Mourinho is the latest celeb to stand accused of financial impropriety. Mourinho has been issued with a tax bill…
Filing Your Tax Return: Ten Tips (Part One)
For many people, a new year entails making resolutions, starting new diets, and purchasing gym memberships. For others, however, it…
Filing a Return: Ten Tips (Part Two)
Contrary to popular opinion, it’s not only self-employed people who have to submit a tax return. If you were a…
What Is an SA302 – and Why Would I Need One?
An SA302 is a summary of the income that has been reported to HMRC. This is often necessary to verify…
Bookkeeping and Accounting – What’s the Difference?
In the financial world, the terms ‘accountant’, ‘bookkeeper’, and ‘tax adviser’ are often used interchangeably. However, though these are all…