Beware disposals to family members – the ‘market value’ rule
At first sight, the calculation of a capital gain or loss on the disposal of an asset is relatively straightforward…
Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
At first sight, the calculation of a capital gain or loss on the disposal of an asset is relatively straightforward…
In some industries, employers provide accommodation to employees because this is required by the nature of the job. There are…
When it comes to taxing rental income, not all properties are equal. Different rules apply to properties which meet the…
Tax relief for charitable donations Individuals who donate to charity can do so tax-free. There are various ways of making…
All traders – whether sole traders, partnerships, or limited companies – are obliged to register to charge and pay VAT…
An increase in the minimum contributions employers and their staff must pay into their automatic enrolment workplace pension scheme took…
The Working Tax Credit (WTC) is designed to help taxpayers on low incomes by providing top-up payments and includes those…
There are distinct rules that VAT registered businesses must follow when keeping VAT records. This includes keeping proper business and…
If a permanent home (domicile) is in the UK then any foreign situated property owned at date of death will…
Under the current rules non-resident companies with a trading business in the UK are liable to pay UK Corporation Tax…
Entrepreneurs’ relief is intended to reduce the rate of capital gains tax to a flat rate of 10% on certain…
1 June 2019 - Due date for Corporation Tax due for the year ended 31 August 2018. 19 June 2019…
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