Blog & Events
Blogs and events are a great way to keep you informed about what’s going on at Harold Sharp and in the business world.
Selling a second home? The clock is ticking for CGT
There are approximately 1.2 million disposals of residential property every year in the UK. The majority of these are the sale of main residence, and therefore have no Capital Gains Tax (CGT) liability. However, if you own a second home or have a buy-to-let property...
Might this virus change our long-term future?
It surely isn’t a controversial proposition to predict that the current crisis might have lasting consequences on the way we live and work. It may be that this period of strife, restriction and reflection pushes us further and faster down some of the tracks which we...
COVID-19: Self-employed or furloughed – We’re in this together
On 26 March the Chancellor confirmed that the self-employed will receive the same benefits as furloughed employees. Self-employed individuals with trading profits of up to £50,000 will be eligible for taxable grants worth 80% of their average profits. The average will...
Are you getting paid?
The world is a strange place right now. Things that we worried about only a couple of weeks ago now seem trivial. In the current climate, cashflow is more of an issue than ever for small business owners. Many small businesses are benefiting from the advancement of...
COVID-19: How to defer payments using Time to Pay
For years HMRC has provided bespoke support to people who find themselves in financial or personal difficulty via the Time to Pay Scheme. More businesses than ever are now finding themselves in this category, and should be making use of the scheme. Why should I use...
Falling assets? A tax opportunity.
The immediate challenge facing the world (we don’t need to mention its name) has already had, and may well continue to have, a significantly negative impact upon asset values. We are all are too well aware of this. We hope and believe that this will be a temporary...
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