by Alastair Wood | Dec 24, 2014 | Tax Advice
The rules and principles for selling overseas are quite involved as they depending on where the sales are being made, whether they are goods or services and whether you are selling to a business or consumer. Services are the most topical at the moment with the...
by Alastair Wood | Dec 19, 2014 | Tax Advice
There are many properties in London owned by non-residents who have been able to benefit from capital gains without paying tax and a change in this area has been expected for some time. Following the consultation in summer 2014 the government has decided to introduce...
by Alastair Wood | Dec 19, 2014 | Tax Advice
The government has little room to manoeuvre with lower than expected tax receipts and continued austerity, but there were a few changes of interest: Reform of stamp duty on domestic dwellings has for a long time seemed unfair and this was an unexpected change. It has...
by Alastair Wood | Nov 28, 2014 | Tax Advice
Our thanks to Mark Lee for this guest post: The small business community is beginning to wake-up to the changes for VAT on international digital services that apply from 1 January 2015, and those affected are complaining about the lack of guidance about the new rules....
by Alastair Wood | Jun 19, 2014 | Tax Advice
It is one of those strange quirks of the tax system that no capital gains tax has historically been levied on non-resident landlords owning property in the UK, but that is all set to change. This is an area that has been on the radar for a while and a consultation...
by Alastair Wood | May 30, 2014 | Tax Advice
Following on from my post of 1 May: What is the maximum dividend I can draw annually?, it is possible to draw more income without paying more tax despite breaching the higher rate or high income child benefit threshholds. Above the 40% tax band, tax is indeed payable...