Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
05 December 2019
The benefits of submitting your ‘elf’-assessment tax return before ChristmasThe tax return final submission date of 31 January 2020 is a deadline not a target - it is also the last day for paying 2018/19 tax liabilities without incurring late payment interest charges. So why not get your tax return out of the way before Christmas this year?
17 October 2019
Are you actually Farming?This may seem like a strange question, especially for someone who has lived and worked on the same farm for most of their life. However, where a farmer has perhaps sold off their stock and has rented out their grass to their neighbour, HMRC may argue that you are no longer actively farming.
Nicola Sargeant
Tax Senior Manager
25 September 2019
Are you aware of the Capital Gains Tax changes coming into effect 6 April 2020?The current tax rules for non-UK residents selling UK property that require a non-resident capital gains tax (CGT) return to be completed are to be extended from 6 April 2020 to include the sale of UK residential property by UK residents.
08 August 2019
No easy answer for those caught in pension tax trapDoctors, dentists, university professors, head teachers, MPs and senior civil servants approaching retirement are among those facing some tough choices as complex pension tax measures begin to bite.
12 July 2019
Get your house in order before Inheritance Tax reforms biteThe long awaited second instalment of the Office of Tax Simplification’s (OTS) Inheritance Tax Review hit the shelves (well HMRC’s website) on Friday 5 July 2019. For those of us advising on Inheritance Tax (IHT) we can at least sleep a bit easier now we have the OTS’ list of 11 recommendations!
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