Things You Should Know About Capital Gains Tax
The capital gains tax rate in the UK is 18% as a basic-rate taxpayer and increases if you’re in the higher tax bracket. If you’re planning to sell your home or…
The capital gains tax rate in the UK is 18% as a basic-rate taxpayer and increases if you’re in the higher tax bracket. If you’re planning to sell your home or…
The UK has a diverse population, with many foreigners living there and about 5.5 million British people permanently residing abroad. Whether you live abroad permanently or visit the country occasionally for…
Inheritance tax has a 40% tax rate and applies to the estate that crosses the tax-free threshold. When a person dies, they want their estate to go to their spouse, children,…
We may not all agree with Albert Einstein’s saying, “the hardest thing in the world to understand is the income tax”. However, there’s some truth to it. The tax system…
If you are a non-resident of the UK, there is no UK tax payable on the income you are receiving outside the UK. It does not affect whether you work…
As a leading chartered accountant firm in London, we have explained the recent tax changes and how they’ve affected QROPS (Qualifying Recognised Overseas Pension Scheme). Keep reading to find out. If…
If you are a non-tenant of the UK, you do not have any UK tax on overseas pensions, i.e., pensions from outside the UK. UK pensions are spared from UK…