Capital gains tax reporting – increase in declaration time
Date posted: 16th Dec 2021
As a reminder, the sale of a residential property that produces a tax charge (e.g. buy to let property sale, second home, inherited property etc) needs to be…
Date posted: 16th Dec 2021
As a reminder, the sale of a residential property that produces a tax charge (e.g. buy to let property sale, second home, inherited property etc) needs to be…
Date posted: 16th Dec 2021
We receive many calls from clients asking whether a letter they have received from HMRC is correct. This could be a change in PAYE code, a refund notice…
Date posted: 15th Dec 2021
If you are self-employed and you received Covid-19 support payments during the pandemic, you will need to report these on your Tax Return. If you are an employee…
Date posted: 15th Dec 2021
Given the ongoing shortage of employees that appears to be facing every sector in every industry, there can be a temptation to simply gift shares in the employing…
Date posted: 15th Dec 2021
The deadline for filing your 2020/21 Tax Return online is 31 January 2022. If you received income from property, you may need to tell HMRC about it on…
Date posted: 15th Dec 2021
If you are responsible for bringing up a child who is under the age of 16, or under the age of 20 where they remain in approved education…
Date posted: 15th Dec 2021
As we have mentioned on several occasions, the super deduction is a very valuable tax relief for those companies looking to invest in plant and machinery. A re-cap…
Date posted: 15th Dec 2021
The Construction Industry Scheme (CIS) requires registration of anyone who works in that industry, be that a sole trader or a company. The registration rule includes the largest…
Date posted: 15th Dec 2021
As part of the Government’s push to encourage drivers to ‘go electric’, the Transport Secretary, Grant Shapps, announced an extension to a £50 million Government fund to install…
Date posted: 9th Dec 2021
Clive Owen LLP is warning businesses not to fall foul of the tax man this Christmas. Seasonal gifts, including the staff Christmas party, can attract a tax bill…