News & Press

HMRC and the Government have really managed to get themselves into an embarrassing “pickle”.  A few days before the fiscal year end (5-April-18) HMRC issued a notice to say that state aid approval for EMI share schemes would expire on the...

Many individuals who are non-UK domiciled (so called ‘non-doms’) are in a position where they have mixed funds.  A mixed fund is an offshore fund of money, which contains more than one type of income, gains and capital, or similar from more...

With the excitement of Christmas and New Year’s Eve behind us, most of us are looking forward to the year ahead, full of plans and optimism. January often feels like a month dedicated to fresh starts, but before beginning a new year of...

1. Children’s savings accountsA bank or building society account is a great way to save for your children’s future and teach them the value of a pound. You can set up a savings account for your child for as little as £1 and build up a...

Currently, Capital Gains Tax (CGT) is payable on any gain made on the disposal of a chargeable asset. After taking into account the annual exemption, the gain is then charged at either 18% or 28% depending on which tax bracket you fall into....

Capital Gains Tax (often abbreviated to CGT) is payable on the disposal of any chargeable asset which gives rise to a chargeable gain. This is broadly calculated by taking your disposal proceeds and subtracting from this the acquisition price...

Over the last few years, tax issues in this area have become more and more complex. It is now more important than ever to have a basic understanding about your tax status and how it affects your position. What is a Personal Service Company? A...

The thought of the afterlife may not be the most appealing thing to think about on a day to day basis. However preparing well for these unpleasant times may well help relieve a lot of stress and grief for your loved ones. Therefore it is...

Over the years there have been a number of tax amnesties, encouraging taxpayers to come forward to correct their tax affairs, declare their income and pay any tax due. These amnesties have come alongside greater information sharing between EU...

In recent months, the Chancellor of the Exchequer (formerly Mr George Osborne) launched an ‘attack’ on the property market by first ensuring that non-resident owners of UK situs property were liable to UK Capital Gains Tax (CGT) to the more...

Dividends can provide a regular income stream for investors, but understanding how they are taxed is crucial to maximizing returns. This article from Wisteria Accountants, a leading accounting firm, provides an essential guide to dividend tax...

The UK tax system can be complex and there are many pitfalls, particularly for individuals who don’t take regular advice or perhaps prepare their own return. Often individuals make mistakes without intending or realising they have done so....