Tax and Financial Planning

• When Your Private Residence Is Not Exempt From Tax

  • Posted21 April 2015

  It is generally assumed that any property that you live in as your primary residence will not be subject to a tax on any profit on sale, assuming you own...

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• Buy to Let Landlords in HMRC’s Sights

  • Posted10 April 2015

  Most house owners regard rising property prices as a good thing, but buy to let landlords who have neglected to deal with their tax obligations after the sale of their...

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• HMRC Targets Horsebox Owners

  • Posted25 March 2015

  HM Revenue and Customs (HMRC) have long been aware that business owners sometimes try to claim tax relief as a business expense on what are essentially items of private expenditure. ...

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• Tax Settlement Final, Rules Tribunal

  • Posted10 March 2015

  Reaching a settlement with HM Revenue and Customs (HMRC) in a tax dispute will normally lead to a letter of offer being agreed with them and signed by the taxpayer(s). ...

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• Stamp Duty Changes

  • Posted27 February 2015

  The basis on which stamp duty is charged is being changed in a move that will benefit most purchasers of property. The old system applied a single rate of...

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• Double ISA Allowance for Surviving Spouses

  • Posted16 February 2015

  From 3 December 2014, a surviving spouse or civil partner will ‘inherit’ the ISA allowance of their deceased spouse or partner. The move, announced in the Chancellor’s Autumn Statement,...

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