14 Mar 2022 | Tax, Personal Tax
It may come as no surprise to learn that HM Revenue & Customs (HMRC) have started writing to those taxpayers who may have incorrectly completed the property pages on their tax return specifically in relation to the amount of tax relief that can be obtained on residential property finance costs.
09 Aug 2021 | Business Owners, Tax
Temporary change to the rules on carrying back trade losses was announced in Budget 2021. Unlocking such tax relief could be a considerable cash flow plus for businesses hit by the pandemic.
23 Oct 2019 | Business Owners
Entrepreneurs’ Relief (ER) is valuable tax relief for those disposing of a business. It can give access to a 10% rate of Capital Gains Tax, subject to a £10 million lifetime limit. Entrepreneurs’ Relief is potentially available to company shareholders,...