A guide to Capital Gains Tax
Understanding Capital Gains Tax Like all forms of tax, Capital Gains Tax can be a complicated issue. Here, we’ll cover the basics to help you understand when you may need…
Living in the UK? Here’s Everything You Should Know About Taxes
Living in the UK, you need to be aware of the various rules and regulations in place for foreigners, especially when it comes to tax-related matters. The UK tax system can…
Capital Tax Gains vs. Income tax: How Do They Compare?
Taxes are a significant source of revenue for governments around the world. Income tax and capital are the main forms of taxation in many countries, including the UK. There are several…
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…
Everything You Need to Know About Capital Gains Tax in the UK
Capital gains tax or CGT is a tax applicable to the profits you make when you dispose of an asset. The tax is applied to the gain made from that…
Tax Planning for Landlords
Tax Planning for Landlords: Trading and Property Allowances
The threshold for tax-free allowance for trading and miscellaneous income currently stands at £1,000; the same is the threshold for tax-free allowance on income from the property. Tax planning for landlords…
Year-End Tax Planning & ISAs
Year-End Tax Planning & ISAs: What you need to review before the 6th of April 2021
With the new tax year a few days away now is the perfect time for you to review data of your personal tax and businesses to ensure that you have…