Rishi Sunak presented his Spring Statement on Wednesday 23 March 2022. So, what exactly did the Chancellor say and, more importantly, what did it actually mean? The Chancellor responded to...
As we approach the end of the tax year, it's and appropriate time to review your financial planning strategies. With the turmoil of the last few years due to Covid-19...
The Treasury has rejected proposals to raise capital gains tax (CGT) rates to align them with income tax and reduce the levy’s annual allowance. The Office of Tax Simplification (OTS)...
Since April 2020, any UK resident disposing of a UK residential property who has Capital Gains Tax (CGT) to pay, had to calculate, report and pay the tax within 30...
The Organization for Economic Cooperation and Development (OECD) recently announced that 136 countries, representing over 90% of international GDP, have agreed to tax reforms that include the establishment of a...
Yesterday, the Chancellor of the Exchequer, Rishi Sunak, delivered his Autumn Budget statement. We have prepared a summary of yesterday’s announcements which you can access by following the link below....
HMRC have recently issued their second report as part of their Capital Gains Tax Review. This report considers key practical, technical and administrative Capital Gains Tax issues. This second report...
Sunak sets out Budget to protect businesses Yesterday, the Chancellor of the Exchequer, Rishi Sunak, delivered his second Budget statement and reaffirmed the government’s commitment to supporting individuals and businesses...
There are changes on the way to capital gains tax returns that you should be aware of. Buy-to-let and second home disposals: changes to date when capital gains tax is...
As we approach the end of the tax year, we thought that a reminder of the rates and allowances for 2019/20 would be useful. This article highlights some of the...