A positive response to a pivotal moment…

A positive response to a pivotal moment…

If you have not done so already, I encourage you to read Andy Key’s guest blog of last week: “A pivotal moment: opportunity or threat”. It was interesting and thought-provoking, and has got me thinking a lot about my own practice as much as it has my clients’...
9 reasons to review your tax position now

9 reasons to review your tax position now

Tax Tuesday recommends that that now is a surprisingly good time for taxpayers to step back and review their overall tax position. Consider the following 9 reasons why: 1. Your business may never have been under so much pressure 2. You may never have suffered as much...
Selling a second home? The clock is ticking for CGT

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...
Falling assets? A tax opportunity.

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...
IR35 delayed in a bid to protect economy

IR35 delayed in a bid to protect economy

During yesterday’s Budget debate, it was confirmed that the IR35 tax reforms would be delayed to April 2021. IR35, which came into effect in 2000, was introduced to tackle contractors working as disguised employees in Limited companies in order to take advantage of...