Articles3 Jul 2024
I’M A NON-DOM … Get Me Out of Here!
Is there really a need to make a “panic” exit from the UK ?
I want to filter the results again
Articles14 Jun 2024
Uncertainty for landlords
Despite support from the Labour Party, the Renters (Reform) Bill was not enacted before parliament was prorogued ahead of the general election. The Leasehold and Freehold Reform Act made it under the wire, but without the expected cap on ground rents.
Articles14 Feb 2024
Moving to Scotland – the cost in tax
There are many benefits to moving to Scotland for work or retirement, especially the stunning scenery. However, anyone contemplating a move should consider the tax cost of relocating from elsewhere in the UK.
Articles19 Oct 2023
Farewell to inheritance tax?
In July, the government was reported as holding talks on abolishing inheritance tax (IHT). This wasn’t given much credence at the time, but there are now reports that the March 2024 Budget will include a reduction to the 40% IHT rate as a prelude to future abolishment.
Articles23 Aug 2023
Changes to Basis Period Reform – Sole Trader Businesses and Partnerships
In the last few months HMRC has issued a significant update regarding basis period reform; As of the 2024/25 tax year, all affected businesses have to use the tax year as their basis period. They will only be liable for... Read more
Articles13 Aug 2023
Behind the numbers on income tax
New income tax statistics from HMRC appear to be good news, but the numbers are not what they seem.
Articles22 Jun 2023
Selling power back to the grid
With continuing high electricity prices, now could be a very good time to install solar panels at your property. Unless an expensive solar battery is part of the system, it makes sense to sell excess electricity back to the national grid. Normally such sales are free from tax, but there is an exception
Articles12 Apr 2023
Demise of paper tax returns
More than 12 million taxpayers file self-assessment tax returns, but less than 3% do so using a paper return. Given this low demand, HMRC is reviewing the current paper filing service. HMRC stopped sending out paper tax returns three years... Read more