It was hard to miss Chancellor Jeremy Hunt’s Autumn Statement earlier this month, in which he outlined his plan to re-establish the UK’s financial credibility. In the statement, Hunt announced a number of measures which are expected to save billions of pounds for the...
If you’re in the market for a new company car, now’s the time to consider going electric. HMRC are keen on helping taxpayers reduce their “carbon tyre-print” and have introduced a range of tax measures designed to help employers and employees make the switch to...
Are you looking to sell, or have recently sold a UK residential property, but you aren’t sure how the tax laws apply to you? In this week’s Tax Tuesday, we will be discussing everything you need to know about correctly reporting your property returns to HMRC. In...
The mini budget resulted in a number of changes to the Stamp Duty Land Tax (SDLT) regime. These changes to SDLT are one of only two tax cuts that remain in place following yesterday’s emergency statement delivered by new Chancellor Jeremy Hunt. As we approach...
Just over a year ago we covered 10 top tips for inheritance tax planning (IHT) and, in this Tax Tuesday, we are going to consider one of these in more detail. ‘Normal expenditure out of income’ is a valuable exemption which is often overlooked. When used...
The Annual Tax on Enveloped Dwellings (ATED) was introduced in 2013 as one part of HMRC’s multi-faceted assault on high value residential property being held by companies. In some cases, holding property in this way traditionally had been attractive for purposes such...
