22 Mar 2022 | Tax, Capital Gains Tax, Property
Principal Private Residence Relief (PPR) is a relief that enables homeowners to sell their homes without having to pay capital gains tax (CGT). However, in order to claim the relief, the property must be the main residence of the person selling the property.
22 Apr 2021 | Personal Tax, Property, Tax, Tax Planning
Breaking up can be hard to do especially with no tax costs! Divorcing is complicated in itself, let alone trying to navigate your tax position. When a marriage or civil partnership ends, tax is probably the last thing that the separating couples want to think about....
24 Mar 2021 | HMRC, Personal Tax, Property, Tax
On 23 March 2021, the UK government held its first-ever ‘Tax Day’ whereby it published a series of tax documents and consultations. It is all a part of a move to strengthen policymaking and to help create a more “trusted, simple and modern tax system”.
12 Jan 2021 | Inheritance tax, Personal Tax, Property, Tax
If you inherited a property that you then sold for less than the property was valued upon death, you could get a refund for the difference of the Inheritance Tax.
06 Jan 2021 | Capital Gains Tax, Farming & agriculture, Property
We live in challenging times, with frequent changes making life challenging from a tax planning and advice perspective. We have put together a list of the most common topics, which we speak to clients about, which may be useful to your specific situation. Capital...
19 Nov 2020 | Property
Owners of furnished holiday lets having problems meeting HMRC criteria die to COVID-19 may be able to make a period of grace election.
