Tax for Individuals / November 3rd 2020

UK Tax Considerations for Non-Resident Landlords

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 overseas inves

Over the past few years, landlords have been hit with a host of new regulations. Changes to mortgage tax relief and an increase in stamp duty have seen profits from buy-to-let properties dwindle, causing some landlords to sell up and quit the market.

With the excitement of Christmas and New Year’s Eve behind us, most of us are looking forward to the year ahead, full of plans and optimism. January often feels like a month dedicated to fresh starts, but before beginning a new year of business we

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 UK house

Announced in the spring budget of 2015, Making Tax Digital (or MTD) is the government’s pioneering initiative to modernise the UK tax system. By introducing digital record keeping across the board, the programme is set to revolutionise the way we d

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 you’re

In April this year, the government introduced significant changes to income tax rates, allowing millions of UK taxpayers to keep more of their hard-earned cash. And, in 2018, the average taxpayer is shelling out approximately £1,000 less in tax than

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 ensu

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 therefore make