Tax

Recent changes to the annual allowance are resulting in landlords paying more capital gains tax when selling a buy-to-let property. We discuss the changes and the reporting deadline which could result in penalties if missed.

If you receive a letter from HMRC stating you may have received overseas income or gains which are taxable in the UK, what should you do? We highlight some common errors on tax returns.

If you have income from overseas, you likely have to disclose this to HMRC, even if you don’t bring it into the UK. HMRC are sending nudge letters to individuals who have offshore income they haven’t reported as they may need to pay UK tax.

Yinchao highlights the tax reliefs that can be claimed when working from home. 

We discuss tax considerations for new limited companies. 

If you’re thinking of building a garden office, you may be wondering if you can get tax relief. The simple answer is yes, but it isn’t as tax effective as you may think. What can you claim and what are the tax implications?

Now the super-deduction capital allowance has ceased, we take a look at tax reliefs for companies purchasing plant and machinery: the new ‘full expensing’ capital allowance and the Annual Investment Allowance.

Changes have been made to Making Tax Digital which will affect many more people who submit a self assessment tax return. Read our blog to see if you’re affected and when you need to comply.

Read our ten year-end tax planning points to consider before 5 April 2023.

The Spring Budget 2023 was an opportunity for the Chancellor to provide an update on the economic progress made from policies set out in the Autumn 2022 Statement, and to announce new tax measures and spending plans. Our blog summarises the key findings.