Capital Gains Update

Capital Gains Update

Capital Gains Update New legislation has been introduced regarding the reporting requirements of UK residents disposing of UK properties. From 6 April 2020 a disposal of a residential property must now be reported and tax paid to HMRC within 30 days of the completion...
Tax Planning 2020

Tax Planning 2020

Tax Planning 2020 As the end of yet another tax year approaches we are taking this opportunity to make you aware of the usual tax planning opportunities and other issues which we believe may be of interest to you. Our Fact Sheets HERE detail general planning points...
Who needs to complete a Tax Return?

Who needs to complete a Tax Return?

Who needs to complete a Tax Return? You may be starting to think about whether you need to complete a Tax Return this year? To help with this we have summarised the main points below. Generally those individuals who receive a source of income, that is not taxed at...
Tax rates 2019/2020

Tax rates 2019/2020

Tax rates 2019/2020 We have attached a schedule HERE that reflects the changes in tax rates that come into effect from the start of the new tax year. Many of the figures are fundamental to our business and personal lives and you will find the key taxes summarised on...
Making Tax Digital for Business: VAT

Making Tax Digital for Business: VAT

Making Tax Digital for Business: VAT HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. Regulations have now been issued which set out the requirements for MTD for VAT. Under...
Employer Provided Cars

Employer Provided Cars

Employer Provided Cars The scale of charges for working out the taxable benefit for an employee who has use of an employer provided car are now announced well in advance. Most cars are taxed by reference to bands of CO2 emissions multiplied by the original list price...