Tax planning

Tax | Tax issues for buy to let landlords

The tax burden on buy to let landlords has increased significantly from removal of interest relief to higher capital gains tax. Tim Palmer CTA ATT, senior partner, Palmer Consultancy Partnership, explains the key issues to consider

20 Sep 2023

Tax

Property tax

Tax compliance

Tax planning

Tax | Australian regulatory shake-up post PwC debacle

The tax world has been shaken by the revelations of PwC partners’ involvement in leaks of confidential government tax documents in Australia to multinational clients. Glyn Fullelove, editor-in-chief, Tax Weekly, considers how this could affect UK tax rules

13 Sep 2023

Tax

International tax

Tax planning

Tax | Majority of BTL landlords plan to buy through limited company

Three-quarters of landlords who intend to purchase a new rental property in the next year will use a limited company structure to reduce tax bill

8 Sep 2023

Tax

Property tax

Tax planning

Tax | Marriage tax laws ‘inconsistent and outdated’

An extension of the payment deadline for capital gains tax on selling assets has not reduced the level of tax complexity for divorcing couples

6 Sep 2023

Tax | Q&A: tax and transferring company funds to personal account

In this week’s Q&A, what are the tax implications if money is transferred out of business into private bank accounts to benefit from interest rate hikes?

5 Sep 2023

Tax | Filing deadlines: September - December 2023

Our handy guide to tax filing deadlines for VAT returns for quarter ended 31 July 2023 and corporation tax return for year ends of 30 September 2022

1 Sep 2023

Tax

Tax compliance

Tax planning

Tax | Saudi pro league: gold mine or potential tax trap?

Playing football in a tax free state might seem like the ideal scenario, but there are tax implications for UK players due to complex residency rules, warns RSM

31 Aug 2023

Tax | Lack of tax-efficient investment advice for taxpayers

Despite frozen tax thresholds and more taxpayers paying higher rate tax, only 40% of advisers offer specialist advice on tax-effective investments

30 Aug 2023

Tax | Creative industry benefits from £1.66bn tax reliefs

A record amount of tax reliefs was paid out to companies in the creative sector as the figure shot up by £600m to £1.66bn as government considers overhaul of system

24 Aug 2023

Tax | HMRC clarifies rules on basis period tax reporting

HMRC has issued guidance on changes to reporting income affecting self employed, sole traders and partnerships under the basis period tax year

23 Aug 2023

Tax | Personal savings allowance: tax tips

As interest rates rise, more taxpayers risk paying tax on savings income due to frozen thresholds but there are ways to mitigate tax bills, explains Laura Suter, head of personal finance at AJ Bell

10 Aug 2023

Tax | Tax on savers set to rocket as 2.7m exposed

Rising interest rates and frozen tax thresholds will push over one million taxpayers into paying tax on their savings this tax year

9 Aug 2023

Tax

Personal tax

Tax planning

Tax | Sign up for our inheritance tax planning webinar

Inheritance tax planning is something all accountants in practice must be on top of so register for our webinar to brush up on your knowledge

4 Aug 2023

Tax

Personal tax

Tax planning

Tax | HMRC to appeal Sky commentator £695k IR35 case

Following its defeat over a Sky rugby commentator’s employment status, HMRC is appealing the ruling at the Upper Tribunal

3 Aug 2023

Tax | Filing deadlines: August - December 2023

Our handy guide to tax filing deadlines for VAT partial exemption annual adjustments for year ended 31 May 2023 and corporation tax returns for 31 August year ends

1 Aug 2023

Tax | Q&A: BPR on gift of shares within seven years of death

In this week’s Q&A, Croner-i tax adviser Marsha Haywood explains the tax implications of using business property relief as part of inheritance tax planning when transferring shares

1 Aug 2023