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 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...
Separation and divorce is an unfortunate fact of life. However, on the bright side, some long overdue changes (in your Tax Tuesday author’s opinion) to the capital gains tax (CGT) rules relating to separating couples are being introduced. While at this stage, the...
The Trust Registration Service (TRS) is part of the UK government’s anti-money laundering (AML) and counter terrorist financing efforts. The TRS itself was introduced in 2017 and so has been around for several years now. However, the scope of the reporting required...
Continuing demand for new housing nationally means property developers will remain on the lookout for appropriate land to buy for the foreseeable future. Many landowners are non-corporates such as farmers selling off surplus fields or householders selling off...
As we come out of the coronavirus pandemic, the various support packages which were available to individuals and businesses during this difficult time are fast becoming a thing of the past. It can therefore be easy to forget that there remains a more general support...
