News
Tax and Financial Planning
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The UK tax system has traditionally exempted any profit on the sale of a person’s principal private residence (PPR) from Capital Gains Tax (CGT). The exemption applies to make any...
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A recent tax case shows how important it is to be able to prove one’s claims when dealing with the tax authorities. It involved a couple who moved to...
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As most people know, there is normally no Capital Gains Tax (CGT) liability on a profit on the sale of your principal private residence (PPR). However, a claim that the...
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Not well publicised in the press was the revelation that since September 2013 HM Revenue and Customs (HMRC) have had the power to access your credit card statements by making...
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A taxpayer has succeeded in persuading the First-tier Tribunal that an information notice issued by HM Revenue and Customs (HMRC) should be set aside. The man had submitted a...
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A recent tax dispute shows the importance of retaining records. It concerned a man who bought two properties which he let out. When he disposed of them, he did...
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