Understanding UK capital gains tax on assets
Capital Gains Tax (CGT) not only applies to property but also to any asset which is sold and has increased in value from when it was first purchased. Items such…
read moreCapital Gains Tax (CGT) not only applies to property but also to any asset which is sold and has increased in value from when it was first purchased. Items such…
read moreCapital Gains Tax (CGT) is classed as a levy which needs paying once a second home or a buy-to-let property has been sold. If a property has been owned for…
read moreExplaining child benefit Child benefit is a government initiative that was developed to help families with the cost of raising children. In essence it is a form of social welfare…
read moreApril has bought a change in the national living wage; it has risen from £10.42 to £11.44 per hour. This applies to anyone who is 21 and over. The changes…
read moreBusinesses are continually looking at ways to implement initiatives which save both time and reduce costs. If we look solely at accountancy firms, over the past 3 years there has…
read moreForm 17 is an official HMRC document used to declare what the income split will be on a property, which is jointly owned, so that the correct tax payments can…
read moreMany people are still not fully aware of the changes that took place on 6th April 2023 in regards to capital gains tax (CGT) on a property when a couple…
read moreDecember is always an exciting month; businesses start to slow down and everybody looks forward to a much needed break spending time with friends and family. It is also a…
read moreThere are daily occurrences of spam related issues impacting people and businesses. It could be via e-mail or a telephone call and usually involve a person trying to impersonate somebody…
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