15 May 20 | Personal tax, Self assessment
If you’re a higher-rate taxpayer and you or your partner receives child benefit, you might be liable for an annual payment known as the high income child benefit charge. Quite a few of our clients are in this position and, as it happens, quite a few forget to tell us...
15 Apr 20 | Personal tax
If you’re planning to sell a residential property from this April, you may need to meet a new 30-day deadline for reporting capital gains tax.
05 Nov 19 | Personal tax, Personal tax planning
If you own property in the UK but are not UK-resident for tax purposes, you might already have seen the effects of recent changes to tax rules around letting and selling property. Those rules are still evolving, as the Government seeks to bring the system in line with...
29 Sep 19 | Personal tax, Personal tax planning
If you sell something that’s increased in value since you bought it, you may incur a capital gains tax charge, at 28% for residential property or 20% on other assets. That could apply to personal possessions that are worth £6,000 or more, shares that aren’t in an ISA...