Tax Planning With A Group Structure

There are risks involved with having substantial assets such as property inside a company. I recommend a group structure ...

Stamp Duty Land Tax On The Granny Annexe

Many people buy properties with a granny annexe to help elderly relatives, but what Stamp Duty Land Tax (SDLT) is due?

Different Ways To Save For Your Future

There are many different ways to save for your future, so here are a few to think about, with various levels of risk ...

Wishing You All A Very Merry Christmas

With most of us finishing for the holidays today, I thought I'd join the festivities and let you have some tax trivia ...

Should I Tell HMRC About The Buy-To-Let Property I Own?

I still come across lots of people who have purchased buy-to-let properties that have not declared their income to HMRC ...

Planning For CGT Main Residence Relief

What happens when you sell a property that isn't your main residence? CGT Main Residence Relief can help here ...

New Structures And Buildings Allowance

The Chancellor has announced a new Structures And Building Allowance for new non-residential structures and buildings ...

The Tax Pitfalls Of The Office Christmas Party

Remember that you have a limit of £150 per person or there will be tax payable on your Christmas party ...

New VAT Rules For Businesses In The Construction Industry

HMRC has issued its policy paper for a VAT reverse charge regime for the construction industry ...

Autumn Budget 2018: Property Tax Changes

The Chancellor announced his Autumn Budget 2018 on Monday and I thought I'd take a look at some of the property tax changes ...

Potential Budget CGT Relief For Sales To Long-Term Tenants

The Sunday Times has reported that the Government may be considering a CGT relief incentive to landlords ...

The Owner-Managed Business Property Tax Trap

If you take a small salary and dividends from your business and own buy-to-let properties, you may soon fall into this property tax trap ...

The Annual Allowance For Pension Contributions

Our thoughts are turning to filing tax returns for last year. I've been asked about the annual allowance for pension contributions ...

VAT On Holiday Lets And Serviced Accommodation

With many businesses, once your income heads above £85,000 you have to register for and pay VAT every quarter ...

Marriage Allowance: A Million Couples Are Missing Out!

If you're a married couple, or in a civil partnership, you could be missing out on the Marriage Allowance, worth up to £238 a year ...

40% Of Small Businesses Are Resistant To Making Tax Digital

It's clear that many business owners are resistant to HMRC's Making Tax Digital scheme ...

Transferring Property Tax Efficiently Using Trusts

Creating a trust and transferring property into it for your children needs professional tax advice to get right ...

HMRC Has Offshore Tax Evaders In Their Sights

Gone are the days when offshoring assets was considered good tax planning. HMRC are squeezing every penny from tax evaders ...

Letting A Room Through Airbnb

If you're thinking of letting a room through Airbnb you should know that HMRC is receiving data about your income ...

Can An FHL Business Qualify For Business Property Relief?

Business Property Relief is something many Furnished Holiday Lettings businesses try to claim, but mostly get refused ...

HMRC And The High Income Child Benefit Charge

If you're claiming child benefit, be aware of the High Income Child Benefit Charge if you exceed the HICBC threshold ...

HMRC And Undeclared Gains On Sale Of Second Properties

HMRC has identified 1,500 people who they're going to write to about why they haven't paid Capital Gains Tax on the sale of property ...

An Accountant Or A Tax Advisor

Accountants are the mainstay of the business world, but not everyone has a tax advisor and I think they're missing out ...

Claiming Loan Interest Relief

A meeting with a potential new client this week has prompted me to write this blog post about loan interest relief ...

Family Will Planning: Using The Nil-Rate Band On First Death

When it comes to family will planning, have you heard of the nil-rate band on first death? It's a really useful relief ...

Capital Gains Tax: Buy-To-Let landlords To Be Hit Again

HMRC are proposing a 30-day payment window for Capital Gains Tax on the disposal of buy-to-let properties by landlords ...

HMRC Restricts Non-Statutory Clearance Process

Incorporating a property letting business used to benefit from HMRC's Non-Statutory Clearance Process, but not anymore ...

How To Lose Principal Private Residence Relief

Principal Private Residence Relief is considered the best relief to offset against Capital Gains Tax, but there are pitfalls ...

Rental Property: To Furnish Or Not To Furnish?

Are you looking at the schedule of costs incurred on your rental property and thinking about what can be claimed as a repair?

Taxation Of Serviced Accommodation

I stayed in serviced accommodation at the weekend. It was easy to book, nicely furnished and very clean ...

The Tax Implications Of Employing Family Members

I read about a very interesting tax case to do with employing family members through a business and how HMRC objected ...

Pre-Letting Expenditure: What Can you Claim?

When a landlord purchases a property to let out, they'll spend money on it. But what pre-letting expenditure is allowed?

Jointly Owned Property And The Use Of HMRC Form 17

Surely, if a rental property is owned as tenants in common and the split is 70:30, this is what we can declare on our tax return, right?

More Tax Changes Affecting Buy-To-Let Landlords

HMRC have partially removed the amount of mortgage interest on which buy-to-let landlords can claim full tax deductions on ...

Inheritance Tax: Can You Gift Your Home To Your Children

With the increases in house prices, it is very easy to see why more estates are exceeding the Inheritance Tax threshold ...

UK Register of Beneficial Owners of Overseas Entities

The Government has responded to a consultation on a UK register of beneficial owners of overseas entities with a report ...