Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
24 July 2020
Finance Act 2020 - Personal finances and taxesThe Finance Act 2020 came into effect on 22 July 2020 and brought with it a number of changes to personal tax and pension planning.
15 July 2020
Chancellor announces review of Capital Gains Tax – could tax rises be on the horizon?Chancellor Sunak has requested a review of Capital Gains Tax rules by the Office for Tax Simplification (OTS), which has sparked speculation that there could be a rate increase on the horizon, to help pay for the billions spent to help support the economy during the coronavirus pandemic.
13 July 2020
30-day reporting of CGT on disposals of UK residential propertyReporting and payment of capital gains tax (CGT) on the sale or disposal of residential property is now live on HMRC’s website, with the deadline of 31 July 2020. Nicola Sargeant, Tax Manager, explains further.
09 July 2020
Changes to SDLT and LBTT announced to boost housing marketBoth the UK Chancellor and the Scottish Finance Secretary announced temporary cuts to Stamp Duty Land Tax (SDLT) and Land & Buildings Transaction Tax (LBTT) in their Summer Economic Updates.
09 July 2020
The Chancellor’s Summer Statement - The future is ‘green’In today’s summer statement the focus is on Britain’s bounce back being ‘green’. Numerous announcements were made to add further fuel to the UK’s drive towards a green economy.
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