Making Tax Digital – The Road Ahead – Key Essentials

  Making Tax Digital (MTD) is HM Revenue & Customs strategy to move all business related tax reporting online. As you were made aware in our recent communication to you in November 2018, the first phase of HMRC’s MTD implementation

Read more...

Entrepreneurs’ Relief – where are we now?

You may have seen from our recent publications following the Budget on 29th October 2018 that the Government has introduced some changes to Entrepreneurs’ Relief (ER) which were effective immediately. Prior to the Budget there had been murmurings that ER

Read more...

Final opportunity to cleanse mixed funds

The problem Firstly, let’s consider what a mixed fund is and why it might be a problem. UK resident, non-domiciled individuals (RNDs) are able to be taxed on the ‘remittance basis’ meaning that income and capital gains generated overseas are

Read more...

Private Residence Relief woes when you buy off-plan

A recent tax case is likely to be a concern to anyone that lives in a property that was purchased off-plan. This case established that the date of purchase of an off-plan property can be the date that the deposit

Read more...