Tax and Financial Planning

• Reminder – Non-resident CGT Returns

  • Posted11 March 2016

  Non-residents who sell a property they own in the UK are reminded that they are required to inform HM Revenue and Customs through the submission of a non-resident Capital Gains...

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• HMRC Get Ready to Throw the Book at Tax Evaders

  • Posted24 February 2016

  In recent years, HM Revenue and Customs (HMRC) have created a series of very generous ‘disclosure windows’ to allow people who have undisclosed assets in tax havens to reveal their...

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• Quality Not Quantity of Occupancy Determines Tax Position

  • Posted28 January 2016

  For a property to qualify for private residence relief from Capital Gains Tax (CGT), it must in fact have been the taxpayer’s residence. HM Revenue and Customs (HMRC) are well...

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• New IHT Relief on Family Residences

  • Posted11 January 2016

  From 6 April 2017, a new Inheritance Tax (IHT) relief is being introduced that will benefit homeowners in the UK. With house prices having risen rapidly over the years, the...

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• Why You Should Beware Equity Release Plans

  • Posted22 December 2015

  With life expectancy increasing, many elderly people find themselves struggling to pay for the care they need. In these circumstances, the temptation to take out an ‘equity release’ loan is...

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• EIS and SEIS Investing in Small Businesses and Start-Ups

  • Posted1 December 2015

  The Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) are popular vehicles for investment in small or start-up businesses. Both are attractive because the tax advantages...

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