Tax free capital gains
Is there such a thing as a tax-free capital gain? In fact, there is… Every UK resident tax payer is allowed to make tax-free gains
Is there such a thing as a tax-free capital gain? In fact, there is… Every UK resident tax payer is allowed to make tax-free gains
Short answer, yes it is… The State Pension is worth between £6,359.60 (the old version), and £8,296.60 (the new version), and many pensioners may receive
We have listed below a few of the ways you can make best use of tax losses. Generally speaking, a tax loss arises when a
The new, 12 sided coin became legal tender from 27 March 2017. Businesses that deal in cash transactions, or use equipment that accepts the £1
For some time now, unincorporated businesses have been able to submit simplified accounts in order to settle their tax liabilities. The main advantage of using
The Chancellor announced two increases in Class 4 NI contributions for the self-employed in his budget and in the following week withdrew the increases for
The final matter we want to showcase for this month is the proposed reduction in the dividend allowance from April 2018. At present, shareholders with
1 April 2017 – Due date for Corporation Tax due for the year ended 30 June 2016. 19 April 2017 – PAYE and NIC deductions
Clients often ask if working from home is going to create issues from a tax point of view. There are a number of scenarios to
Next week sees the end of the 2016-17 tax year. On the 6 April 2017, any action you take to minimise your tax liabilities for
The government have launched a new website aimed at parents who may be able to claim for support with childcare costs. The web address is
If you want to keep an eye on documents filed with Companies House for a particular company, you can register for a new service that
Unless there are further political objections, one of the few remaining revenue raising changes in the recent spring budget was the reduction in the £5,000
Another matter that received some clarification last week was the government’s move to implement MTD for the self-employed from April 2018. When the scope of
Although there was little of substance to Philip Hammond’s budget last week, one particular issue caused some political controversy. It was the proposal to increase