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 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 moreThe thought of completing tax returns or doing bookkeeping can turn even the most productive of us into professional procrastinators. Anything that can help avoid the task can suddenly seem…
read moreThe 1st of April 2023 will see a substantial increase to corporation tax for UK businesses. The current rate stands at 19% for all businesses no matter what their size,…
read moreAs the festive season is fast approaching many companies have finalised their plans for a little fun and laughter choosing to bring back the traditional office party. The key question…
read moreAs the Making Tax Digital (MTD) scheme continues to gather momentum there are many business owners still unsure of their commitments. However, the requirements can be broken down into 4…
read moreA director’s loan account (DLA) documents the transactions that occur between a director and a company. It includes salary, dividends, expenses, director’s personal bills paid for by the company and…
read moreAs part of the Government’s Making Tax Digital (MTD) plans to simplify the tax system and to speed up the time it takes for self-employed professionals and small business owners…
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