Friday Tax Tips

Find out how to pay less tax with up to date Tax Tips and dozens of ways to reduce your tax bill.

Tax Tips  – News from HMRC – for Entrepreneurs & Individuals

 

 

In this article, you will find out more about Stamp Duty Land Tax (SDLT), and when you can claim relief. (3 minute read) We will cover: When to claim Stamp Duty relief according to government guidelines How buyer status affects

Wondering what are the pros and cons of being VAT registered? Read our article to find out more about what is means to register your business for VAT. (5 minute read) Today’s tip will cover: Pros and cons of being

The government is due to relax CGT on divorce, giving couples more time to make property transfers. (3 minute read) Today’s tip will cover: When you pay CGT on divorce How changes to legislation will impact property transfers during divorce

Gifting investment properties might seem like an easy choice to lower your IHT, but it could be costlier than you think. (3 minute read) Today’s tip will cover: Why gifting investment properties can be tax inefficient How to pass on

This page is not intended to constitute tax advice. The information provided in these documents are based on our understanding of current tax law; however, we do not represent or warrant the accuracy of the information contained herein, and any information provided may be incomplete or condensed. Furthermore, the suggestions contained within this document are for discussion purposes only and should not be relied on. You should seek formal tax advice before proceeding with any of the suggestions contained in these documents.