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...
10 Jan 19 | Personal tax planning
With various different tax rates and thresholds for income, and new rules and exceptions being created all the time, the tax system is undeniably complex. That makes planning seem a difficult task, but it’s worth taking the time to make sure your tax arrangements are...
18 Jan 18 | Personal tax planning
As another financial year draws to a close, all of our clients must now be focused on what lies ahead in the 2018/19 tax year. From 6 April 2018, several major changes to tax thresholds and reliefs will be introduced. These measures may affect your financial...
11 Jan 18 | Personal tax planning
As a director of a limited company, you have the option to take loans directly from your business as and when you require extra capital. Before committing to a director’s loan it is essential that you are aware of how they are treated for tax. In this blog post, we...
26 Oct 17 | Personal tax planning
Filing your first self-assessment tax return can seem like an intimidating prospect. Although the growth of the government’s online filing system has gone a long way to simplify the process, the complexity of tax returns can present problems for first timers. With the...