Running a business from your home isn’t without tax implications and it’s worth considering capital gains tax compliance, business expenses and other issues when going down this route.
Most buy-to-let landlords saw their tax bills increase in 2017/18, suggesting the effects of changes to mortgage interest relief were beginning to be felt one year after they were introduced. In a survey by Paragon, 58% of landlords said their tax bill for 2017/18 was higher than a year before, with an average annual increase […]
6 April 2019 marked the start of the 2019/2020 tax year. Here we focus on some of the key changes you should be aware of and consider when making business decisions.
From April 2019, some estates in England and Wales could be required to pay almost £6,000 for a service that currently costs less than 4% of that amount. This is because of a proposed change…
Will HMRC come knocking on your door? The likelihood of HMRC swooping to investigate your business’s tax affairs seems to be a particularly difficult risk to quantify.
Has devolution affected what tax you pay? Download PDF for Offline Reading First-time buyers in England, Northern Ireland – and for a short time in Wales – were the biggest winners in the most recent shake-up to affect property taxes in Autumn Budget 2017. Philip Hammond’s headline measure was to abolish stamp duty for first-time […]