BlogThe hidden tax pitfalls of cryptocurrencyIf cryptocurrencies are not the most popular form of investment, they are almost certainly the most talked about. And no wonder – it’s thrilling stuff. Cryptocurrency is relatively new and mysterious to many people. A tantalising balance of high risk…More
BlogSelf-Assessment – what is it and should you be filing a tax returnThe 2021/22 tax year ended on 5 April 2022 and taxpayers within the Self-Assessment system will have recently received a ‘notice to file’ letter from HMRC. More
BlogHow is my crypto taxed? Surprising answers for UK residents and non-domsIn the increasingly digital world we live in, HMRC are simultaneously trying to keep up with, and crack down on, new ways of avoiding tax. Of particular significance, is the rapidly expanding cryptocurrency market, often making headlines for mind-blowing returns…More
BlogNational Insurance increase – Is this the beginning of a slippery slope of tax rises?National Insurance ContributionsMore
BlogTax Considerations for the Energy SectorFollowing what has been a very challenging 16 plus months for Energy Sector businesses, along with most other business, the world is starting to settle back into ‘normality’, whatever that may be now. More
BlogIs the end nearing for the Tax Year as we know it?The UK tax year runs to 5 April, however, The Office of Tax Simplification ‘OTS’ recently published a document (June 2021) setting out its intention to review the benefits, costs and wider implications of changing the end of the tax year to either 31 March or…More
BlogNon residents investing in UK property – Stamp Duty Land Tax versus Land and Buildings Transaction TaxThe budget on 3rd March created further differences in tax charges when acquiring land and property, widening the very clear gap between rates of Stamp Duty Land Tax (SDLT) applying in England, compared with Land and Buildings Transaction Tax (LBTT)…More
BlogHow could Inheritance Tax & Business Relief impact your family business?Business Owners will most likely be aware of the important Inheritance Tax (“IHT”) relief currently available on the value of their businesses. Business Relief (“BR”) can relieve the full value of the business and it has long been recognised that…More