P11D: Focus On Staff Entertaining

Accountants are noticing an increasing number of enquiries from HMRC about the amounts spent on entertaining staff ...

What CGT Is Payable On The Sale Of A Property Post-Death?

CGT has a tax-free uplift to a property's valuation on the sale of a property post-death. The value for CGT is reset ...

Why Didn't The Annexe Qualify As A Separate Dwelling?

A tribunal considered whether a 6-bed home with annexe should be treated as one for Multiple Dwellings Relief ...

Period Of Grace Elections For Furnished Holiday Lettings

When a property qualifies as a Furnished Holiday Letting (FHL), they become subject to special tax rules ...

The Non-Resident Test For Employees Stranded In The UK

Trade bodies have consulted with the Treasury on difficulties faced by those stranded in the UK during the pandemic ...

Treasury Consultation On New Property Developer Tax

The Property Developer Tax was announced when the Government pledged to fund cladding replacement ...

Remember To File Your Employment Related Securities Return

The submission deadline for your company's Employment Related Securities return is fast approaching ...

COVID Loss Relief Carry Back Extension

A welcome extension of loss relief carry-back for companies, sole traders and partnerships has been announced ...

Investors' Relief: Attracting Investment Into Business

For shares acquired from the 17th of March 2016, Investors' Relief ensures investors pay 10% Capital Gains Tax ...

How A Cryptocurrency Is Taxed In The United Kingdom

You need nerves of steel to invest in a cryptocurrency. You also need to know how cryptocurrency is taxed in the UK ...

Stamp Duty Land Tax On Uninhabitable Properties

Another day, another taxpayer at a tribunal. This time, due to the purchase of a dilapidated bungalow ...

End Of Year Tax Planning Checklist

As we approach the end of the current tax year, it's worth giving some consideration to end of year tax planning ...

Capital Gains Tax On Divorce

Are you going through a divorce? Be conscious of the Capital Gains Tax consequences of your split ...

What Are The Benefits Of An Employer-Provided Electric Car?

Many commercial travellers have a company car which tend to be changed every 18 months, depending on mileage ...

ATED: Annual Tax On Enveloped Dwellings Deadline

Are you due to submit your Annual Tax on Enveloped Dwellings (ATED) soon? You may need to even with no tax due ...

Update On SDLT For Non-Residents Buying UK Property

HMRC has updated its information about the Stamp Duty Land Tax (SDLT) surcharge for non-residents ...

The Delayed Domestic Reverse Charge For VAT

I originally wrote about the Domestic Reverse Charge For VAT back in 2019, but it was delayed until this year ...

HICBC: The High Income Child Benefit Charge Threshold

A Low Incomes Tax Reform Group in the UK, has urged the Government to raise the HICBC threshold ...