News & Press

Upon purchasing (or transferring) a property/plot of land within the UK, there is a tax that is payable by the purchaser. This is commonly known as Stamp Duty, but the full name is Stamp Duty Land Tax (SDLT). The Stamp Duty is only payable on...

As your tax affairs become more complicated, not only will a chartered tax advisor ensure you pay the right amount of tax to HMRC, but they will also be able to provide you with ways to make tax efficient investments going forward and...

January 31st is a tax advisers worst nightmare when it comes to filing deadlines. Many will understand that as the end of January draws in, working hours get longer and most new year’s resolutions regarding ‘eating healthier’ and ‘hitting the...

With the government at loggerheads over Theresa May’s withdrawal agreement, and whispers in Whitehall growing ever louder over the possibility of a no-deal Brexit, the UK, at least in the short term, is facing an uncertain future. Whether...

Many individuals in the UK will naturally feel like they are paying far too much income tax and National Insurance Contributions. So much so that they believe that by moving offshore, they will be able to save a large amount of tax and...

Despite the UK entering its first recession in over a decade, the buy-to-let market has remained relatively stable. In fact, with house prices falling and tenant demand on the rise, it could be an opportune time to invest. However, for...

What are Enterprise Management Incentive schemes (EMIs)? An Enterprise Management Incentive scheme (EMI) is a government-approved, tax-advantaged employee share scheme, designed to help small to medium-sized businesses attract and retain...

In the autumn budget in October last year, the government announced fresh changes to the UK tax system, making good on their campaign promises to cut income tax rates and increase the personal allowance. The new legislation means millions of...

Under your employment contract, there may come a time where you as an employee may be entitled to certain benefits from your employer. This could take the form of a childcare voucher. In these circumstances, there are tax benefits for you as...

The following article will shed some light on how property income is assessed in the UK and the various reliefs/deductions that you are entitled to as a landlord. In the UK, the method of assessment on any rental income received is on an...

Generally, if you are a UK resident, you have two methods of assessment that can apply when it comes to your foreign income. The first would be to be assessed on the arising basis which means you are assessed in the UK on your worldwide...

No one likes the idea of dealing with a HMRC inspection or investigation. Whilst HMRC use the more ‘customer friendly’ term “check”, it comes down to the same process. HMRC want to review and check all or parts of your tax records to ensure...