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UK property – tax trap or good investment?

12th February 2020

With significant changes to UK property tax rules coming in April, the landscape will be very different in a few months. Julian Smith, Head of Tax, reviews the tightening of the rules and how the changes may impact on the perception that UK property is a good investment option.... read more

Posted in: Capital Gains Tax, News, Tax

A tax perspective on the UK Budget

7th February 2020

With the new Government’s first UK Budget coming in March, Julian Smith, Head of Tax, explores what is likely to be featured, together with a round-up of the changes already scheduled for April 2020. With a sketchy Conservative manifesto when it came to detail, it will be interesting to... read more

Posted in: News, Tax

Letting a UK property? An Update on Property Tax…

2nd September 2018

There have been a number of developments for those letting UK property with new approaches to deadlines when paying Capital Gains Tax, a proposed extension on the time limit for investigating those with offshore funds and restrictions on Rent-a-Room relief. Deadlines for Payment of Capital Gains Tax (CGT) From April... read more

Posted in: Capital Gains Tax, Tax

The end of Deeds of Variation?

17th September 2015

The ability to vary the terms of a Will, for tax purposes, has long been possible through a useful tool called a Deed of Variation. There have been many threats over the years that the use of these tools would be curtailed but those murmurings have never come to... read more

Posted in: Capital Gains Tax, Inheritance Tax, News

End of Tax Year Checklist

13th February 2015

End of Year Tax Checklist – Make 2015 Count! What can you do before the end of the tax year to ensure that you are not missing out? Our end of tax year checklist will help you explore the steps you can take to minimise your tax liability over... read more

Posted in: Financial Planning, Tax

General Election 2015

12th February 2015

Personal Tax and the General Election 2015 – Party Policy George Osborne will deliver his final Budget of this Parliament on 18 March 2015, but what lies next? Parliament will be dissolved on 30 March 2015, and only then will the election campaign really get underway giving us a... read more

Posted in: News, Tax

The 2015 Finance Bill

11th December 2014

2015 Finance Bill As outlined in the 2015 Finance Bill, on 10 December 2014 the Government produced the widely anticipated draft legislation that will implement a Capital Gains Tax charge on non-residents selling UK residential property after 6 April 2015. This represents a major change to the taxation of... read more

Posted in: Capital Gains Tax, News