Blog2nd Jul 2019Dental Incorporations – An Efficient Tax Planning ToolWith the recent changes to the Scottish Income Tax system, many dentists are considering how to run their business more tax-efficiently.View more
Blog13th May 2019Overseas PensionsHave you worked around the world – now retiring with an Overseas Pension fund and wondering how will this be taxed? Working overseas can be an important part of any career, and is increasingly common in a global marketplace, but…View more
Blog22nd Apr 2019Capital Gains Tax – HMRC consulting on upcoming UK property changesOn 1 April, HMRC opened a new consultation on the upcoming changes to the taxation of property disposals made by individuals. Please see our recent blog, “UK Property – Important taxation changes on the way”, for the background of the…View more
Blog5th Apr 2019No ‘duty free’ for personal taxes!The world has definitely become a smaller place, but in international tax terms, it is bigger and more dynamic than ever.View more
Blog2nd Apr 2019Incorporation – The Forgotten Tax Planning ToolDuring the mid to late 2000s, when the top rate of income tax was as high as 50%, operating as a limited company was viewed as the ‘gold standard’ in terms of tax-efficiency and shareholder protection. In the 10 years…View more
Blog18th Mar 2019Brexit & The EU National – The Inheritance Tax TrapWith Brexit just around the corner and still shrouded in uncertainty, we are all understandably wary of the political road ahead. This may be even more true for those non-UK nationals who are resident here in the UK. Whilst the…View more
Blog8th Mar 2019Are you a British Expat facing Brexit in Portugal? …actions to consider pre 29th MarchThere is no one who can provide certainty of what will happen as Brexit approaches, and entire EU expat communities, including British expats in Portugal, are among those who wait with baited breath as we head towards 29th March.View more
Blog14th Jan 2019UK Property – Important taxation changes on the wayBudget 2018 delivered by Chancellor Philip Hammond confirmed some significant changes to the taxation of property disposals by individuals. In essence, there will be additional reporting requirements out with the usual Self Assessment tax return and further restrictions are to…View more
Blog1st Nov 2018HMRC reach conclusion on 2016/17 tax errors – 30,000 individuals potentially affectedHMRC are to undertake a detailed review of around 30,000 Self Assessment tax returns submitted for the 2016/17 tax year and some individuals could find themselves with extra tax to pay.View more
Blog28th Sep 2018Offshore Funds & Excess Reporting Income – there is no hiding place from HMRC….Offshore funds are now a common investment strategy recommended by most portfolio providers, but some of the taxable income connected to these funds can be hidden from view, which could mean individuals have missed income receipts that should have been…View more
Blog24th Sep 2018Requirement to Correct – Are you sitting comfortably?The deadline for individuals, Trusts and Estates to submit a full disclosure to HM Revenue & Customs (“HMRC”) under the Requirement to Correct (RTC) legislation is almost upon us. With the 30 September 2018 now less than one week away,…View more
Blog21st Sep 2018Scottish Income Tax Rates – Additional Burden on Self-Employed DentistsThe 2018/19 tax year will herald the introduction of the much-maligned Scottish rates of Income Tax and all the added complications that these bring. This is particularly relevant to Scottish resident, self-employed dentists who will now be charged to tax…View more