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LIMIT 12, 6
17-02-2022
Claudia
Tax Planning The end of the current tax year is approaching fast. But just because several weeks will pass before we embark on the new 2022-23 tax year doesn’t mean we can afford to be complacent. Leaving tax planning until April 1st could cost you money. Planning, by definition, means devising a strategy in advance. […]
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26-01-2022
Claudia
What is Transfer of Residence Relief? Are you in the process of moving to the UK? In other words, are you planning to become a UK resident? If so, you’ll have plenty on your plate. One aspect of the move that may be worrying you is the prospect of paying customs duty on the belongings […]
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26-01-2022
Claudia
Are Potential UK Tax Cuts by 2024 likely? Surprisingly, news has emerged in recent weeks about discussions the UK Chancellor, Rishi Sunak, has held with Treasury advisers to reduce taxes. We say ‘surprisingly’ because the discussions come just a few months after the Chancellor has committed to increase National Insurance and the tax on dividends. […]
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07-01-2022
Claudia
Summary of the new deadlines for the Self-Assessment Tax Return On 6 January 2022, HMRC has announced that late filing and late payment penalties for Self-Assessment taxpayers are delayed – giving them extra time to complete the Tax Return 20/21, to ease COVID-19 pressures. The last wave of COVID-19 has affected agents and taxpayers behaviours […]
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21-12-2021
Claudia
Summary of the most relevant grants announced today Today (21/12/21) the UK Government announced a new package of support for the hospitality sector. The items that are most important to our clients are: Additional Restrictions Grant: One-off grants of up to £6,000 per premise for businesses in the hospitality and leisure sector Discretionary funding: discretionary […]
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09-12-2021
Claudia
The UK Government is sending out letters to ask about cryptocurrency gains Many people mistakenly believe that their cryptocurrency dealings can be hidden from the UK tax authorities. In fact, HMRC gets data on crypto investors through data requests to UK-based cryptocurrency exchanges. So, if you are a UK taxpayer with dealings in cryptocurrencies you […]
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