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 | Mar 7, 2011 | Tax Advice
As people become increasingly mobile and time spent in one place reduces the rules for whether you get tax relief for any capital gains on your home become more important. You get full relief for your principal private residence (PPR) however if you have more than...
by Alastair Wood | Jun 28, 2010 | Tax Advice
This post will be of interest to anyone likely to pay capital gains tax (CGT) as a result of a sale of an asset in the 2010/11 tax year. The June Budget introduced an overnight change to the CGT regime and HMRC have produced a fairly readable Budget Note 20 and a...
by Alastair Wood | Jun 22, 2010 | Tax Advice
We have been complimented on the updates posted on Twitter live during the Budget and hope to continue this by summarising the main points of interest to small business owners and individuals in the street. The Chancellor George Osborne started by painting the picture...
by Alastair Wood | Mar 25, 2010 | Tax Advice
The key budget announcements follow, we can of course expect another post election budget when more significant changes may be made such as the much vaunted increase in VAT: For business The Annual Investment Allowance (AIA) will be increased to £100k pa for...
