Trading losses? Here’s how you can use them to cut your tax bill….
Posted by Mark Ingle on December 1, 2023Trading losses can sometimes result in a tax refund for your business. Here’s how to reduce your tax bill if your trade is losing money.
Domestic Items Relief and Landlords
Posted by Karen Jones on November 29, 2023Understanding when domestic items relief can be claimed is important as it determines whether a cost is tax-deductible or not.
Second homes council tax loophole now closed
Posted by Jon Pryse-Jones on November 24, 2023Government closes a common second homes council tax loophole. New rules came into force in April 2023.
Landlord limited company formations
Posted by Jon Pryse-Jones on November 20, 2023Research shows that the numbers of landlord limited company formations continue to increase. But is it worth managing properties in this way?
Letting properties without telling the taxman? He’s scouring the Land Registry..
Posted by Jon Pryse-Jones on November 17, 2023Have you been letting properties without telling the taxman? There might be a chunky fine coming your way for failing to disclose.
Gifts out of surplus income and Inheritance Tax
Posted by Ian Henman on November 13, 2023If you give gifts out of surplus income, they don’t attract Inheritance Tax. Yet few people do this. We look at how this tax break works.
Downsizing Relief: how it can cut your Inheritance Tax bill
Posted by Ian Henman on November 10, 2023Are you familiar with downsizing relief? We help you understand how it works and how it can slash your Inheritance Tax bill.
Tax investigation protection – what are the benefits?
Posted by Mark Boulter on November 7, 2023Learn more about why tax investigation protection is worth having and how it can benefit both individuals and businesses.
Tribunal ruling could result in Capital Gains Tax refunds
Posted by Karen Jones on October 30, 2023A tribunal ruling revealed HMRC had wrongly charged CGT on the sale of property, meaning many could be eligible for CGT refunds.
Rental income and married couples: how does it work?
Posted by Ian Henman on October 18, 2023When it comes to rental income and married couples, different ownership structures can have different tax implications. We take a closer look.
