Capital Gains Tax planning
Most of our readers will be aware that they can make chargeable gains of up to £11,100 in the tax year 2015-16 and pay no
Most of our readers will be aware that they can make chargeable gains of up to £11,100 in the tax year 2015-16 and pay no
As implied in the CGT planning article above, the 31 January 2016 was not only the deadline for filing your Self Assessment return online, it
1 February 2016 – Due date for Corporation Tax payable for the year ended 30 April 2015. 19 February 2016 – PAYE and NIC deductions
Most of the UK taxes have exemptions and allowances that apply for each tax year. Many are increased in each year in the March budget.
At present, until 5 April 2016, there are opportunities to pay more into your pension fund and still qualify for tax relief. The maximum, for
If you sell an asset that is subject to CGT the rate of tax you will pay will be 0%, 18% or 28%. In the
From 1 February 2016 landlords and others involved in the rental of property will need to verify that their tenants have the right to be
HM Treasury have published a number of money saving strategies that are available this year. We have reproduced a number of the ideas below. If
The Valuation Office Agency has issued the following warning regarding persons or organisations claiming to be able to reduce your council tax band for a
A review has been launched by George Osborne to make sure shoppers share in the reduction in VAT in future. At present, it seems that
George Osborne and his team seem to have a grudge against landlords and second home owners. From 1 April 2016, Stamp Duty Land Tax (SDLT)
At present smaller businesses are required to file accounts once a year with HMRC when their Self Assessment or Corporation Tax returns are filed. HMRC
The government has also published its intention to change a number of other tax reporting issues. Some of the more impactful for smaller businesses and
From 1 December 2015, the advisory fuel rates have changed to: 1400cc or less: petrol 11p per mile, LPG 7p per mile 1401-2000cc: petrol 13p
1 January 2016 – Due date for Corporation Tax due for the year ended 31 March 2015. 19 January 2016 – PAYE and NIC deductions