Tax and Financial Planning

• Always Take Independent Professional Advice Before Investing Your Money

  • Posted27 May 2020

  Fraudulent investment schemes are perennially tempting to the unwary and it really does make sense to take independent professional advice before parting with your money. In one case, the High...

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• Professional Gambler Fends Off £290,000 Income Tax Demand

  • Posted5 May 2020

  HM Revenue and Customs (HMRC) are always on the lookout for unexplained cash earnings which have not been declared for tax. However, in one case, a former professional gambler was...

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• Inheritance Tax Mitigation Scheme Ends in Abject Failure

  • Posted17 April 2020

  If offered the opportunity to shelter their homes against future Inheritance Tax (IHT) liabilities whilst retaining the right to live in them rent free, most people would jump at the...

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• When Is a Property ‘Completed’? DIY House Builder Wins VAT Rebate

  • Posted3 April 2020

  DIY house builders are entitled to refunds of VAT they pay on materials used in their projects. However, as a decision of the First-tier Tribunal (FTT) showed, seeking such rebates...

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• Still Time to Stay Ahead of CGT Changes

  • Posted13 March 2020

  New rules surrounding the payment of Capital Gains Tax (CGT) on profits made on the sale of a residential property are now just weeks away. Taking effect on 6...

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• Couple’s Claim for CGT Loss on Holiday Home Succeeds

  • Posted14 February 2020

  HM Revenue and Customs (HMRC) may appear a very big battalion indeed but, with the right legal advice, individuals can succeed in overturning their decisions. Exactly that happened in a...

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