By Tom Maxwell In Advice, BlogPosted 19/06/2017 Further pain for buy-to-let landlords There has been much in the press about the clamp down by HMRC on buy to let landlords by way of the increase in the rates of Stamp Duty Land Tax when additional residential properties are [...] 0 Read More
By Tom Maxwell In BlogPosted 14/06/2017 June 2017 Tax Tips & News Welcome to June’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need any further assistance just let us know. IHT: [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 14/06/2017 IHT: main residence nil-rate band From April 2017, each individual spouse or civil partner will be offered a residence nil rate band (RNRB), which is designed to help pass on a home to ‘direct descendants’, including [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 14/06/2017 Reform of landlords’ taxation? The government’s plans to allow landlords to use the cash basis for tax purposes were confirmed in the 2017 Spring Budget, but although the proposed legislation was included in Finance Bill [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 14/06/2017 CGT annual exemption: use it or lose it! Capital gains tax (CGT) is normally paid when an item is either sold or given away. It is usually paid on profits made by selling various types of assets including properties (but generally not a [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 14/06/2017 Brexit legislation update The House of Commons Library has published two research briefing papers entitled Brexit timeline: events leading to the UK’s exit from the European Union and Legislating for Brexit: the [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 14/06/2017 June questions and answers Q. Before I became registered for VAT, I bought a capital item from a friend, which cost £1,000. As it was a private purchase, I did not pay any VAT. I have now joined the flat rate scheme (FRS) [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 14/06/2017 June key tax dates 19/22 – PAYE/NIC, student loan and CIS deductions due for month to 5/6/2017. 0 Read More
By Tom Maxwell In BlogPosted 09/06/2017 Louise represents WV in Notts Awards Congratulations to Louise Johnson who has been announced as a finalist in 2 categories in the North Notts Business Women Awards 2017. Louise is a Tax Manager at our Retford office and by her own [...] 0 Read More
By Tom Maxwell In Advice, BlogPosted 09/06/2017 Are you affected by the Apprenticeship Levy? Are you affected by the Apprenticeship Levy? No? You might need to think again. The Apprenticeship Levy was announced in the Summer Budget 2015 and is basically a levy on employers in order to [...] 0 Read More