New Capital Gains Tax regime - Disposals of UK residential property
From 6 April 2020, UK residents disposing of UK residential property are required to report the disposal to HMRC and pay any Capital Gains tax liability within 30 days of the completion date. Residential property includes land that has held a dwelling at any time.
Second tranche of self-employments grants go live today
Applications for the second instalment of grants under the Self-Employed Income Support Scheme (SEISS) have opened today.
CJRS changes from 1 August
Since the Coronavirus Job Retention Scheme (CJRS) was launched in March, it is estimated that more than 1.2million employers have claimed grants for approximately 9.5 million employees.
Death and taxes
The Covid-19 crisis has made many of us consider our own mortality. Reviewing what might happen to your estate on death is one way of taking control over at least some elements of your fate.
It’s not only VAT-registered businesses who will have to think about Making Tax Digital
HMRC confirmed on 21 July that unincorporated businesses and landlords will be brought into the digital tax system from April 2023.
Summer Statement: Opportunity for tax planning following Stamp Duty Land Tax (SDLT) holiday announcement
The Chancellor of the Exchequer, Rishi Sunak, announced a string of measures in the recent summer statement, including a temporary change to Stamp Duty Land Tax (SDLT) with the aim to stimulate the property market during the coronavirus pandemic.
July Tax Payments
HM Revenue & Customs have issued further guidance following the issue of statements to taxpayers with payments on account that would normally be due by 31 July 2020
Company share schemes
What better way to incentivise your key employees than by giving them a stake in the business.