Tax Tips

Owners who wish to dispose of a property and avoid paying capital gains tax on the profits will find the exemption offered by principal private residence relief (PPR) most attractive;…

capital gains tax ppr relief If you sell a property and it happens to be your main residence, you’re likely to be able to avoid capital gains tax charges due…

The UK Prime Minister Theresa May’s proposed Brexit deal has beenhitting headlines in recent weeks. Whilst the official vote is set for 11th December, several senior members of the Conservative Party…

Despite some speculation before the Budget was announced, there were no big surprises in store for UK-based individuals in Philip Hammond’s plans. However, there were a number of things to…

Is your business ready for Making Tax Digital for VAT? If you are VAT-registered, from April 2019 you will need to adhere to the rules of MTD – which requires…

From April 2019, all VAT-registered businesses will be required to comply with the rules outlined in the government’s new scheme, Making Tax Digital (MTD). As the name suggests, the scheme…