Articles 2018-05-31T12:43:24+00:00

Private residence relief signpost

Private residence relief - signpost Private residence relief: Introduction ‘An Englishman’s home is his castle’ so the idiom goes. For many people, this will have some truth, as their main [...]

18 September 2018|

Private residence relief deemed occupation

Private residence relief deemed occupation Private residence relief deemed occupation - Introduction As stated previously, private residence relief is potentially available in relation to both: Actual occupation; and Periods of [...]

18 September 2018|

Private residence relief quality of occupation

Private residence relief quality of occupation Introduction – private residence relief quality of occupation Private residence relief is clearly a valuable relief. Certainly, where someone has benefitted from growth in [...]

18 September 2018|

Private residence relief and couples

Private residence relief and couples Introduction – private residence relief and couples Generally speaking, under the Self-Assessment system, husband and wife (and more recently civil partners) are treated independently for [...]

18 September 2018|

Private residence relief restrictions

Private residence relief restrictions Introduction – private residence relief restrictions We have seen in other article what an attractive relief private residence relief is for homeowners. Further, the property must [...]

18 September 2018|

Private residence relief elections

Private residence relief elections Introduction – private residence relief elections As discussed in other articles in the Private Residence Relief Signpost, the relief is available on the main residence. This [...]

18 September 2018|

Capital Gains Tax rates and bands

Capital Gains Tax rates and bands Capital Gains Tax rates and bands - Introduction This article sets out the capital gains tax rates and bands that currently apply.   Tax [...]

13 September 2018|

CGT on death

CGT on death CGT on death – basic principle Of course, death is a fairly grey cloud with few silver linings. However, a tax obsessive might say differently. From a [...]

13 September 2018|

Tax return: do I need to complete one?

Tax return: do I need to complete one? Tax return - introduction Not everyone needs to complete a tax return. For the tax year 2016/17 HMRC issued notices to around [...]

12 September 2018|

Dividend tax for trusts

Dividend tax for Trusts Dividend tax for Trusts - Introduction For a long period of time, the taxation of dividends remained relatively stable and un-tinkered with for both individuals and [...]

12 September 2018|

Dividend tax

Dividend tax Dividend tax - Introduction For many years, the taxation of dividends remained relatively stable and untinkered with. However, like all good (and understood things) from April 2016, this [...]

12 September 2018|

Income tax relief cap

Income tax relief cap Introduction Over many years, tax avoidance schemes have utilised the facility to offset various genuine tax reliefs against general or other income. For many years, this [...]

12 September 2018|

Property Investment v Trading; Help + Advice

Property Investment v Trading - The Facts... Much of the tax information available in relation to property is aimed Buy to Let (“B2L”) property investors. A B2L investor will acquire [...]

2 August 2018|