Newsletters
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Is pension relief being claimed?
If individuals make pension contributions personally or through their firm’s workplace scheme they're entitled to tax relief. However, thousands of people fail to claim this relief to the tune of an estimated £830m each year. How can they avoid missing out?
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VAT: is there a reasonable excuse due to coronavirus?
A business has experienced myriad problems due to coronavirus, including homeworking, cash flow and senior staff illness. Does this give it a reasonable excuse to appeal against any subsequent default surcharge?
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Using CGT losses efficiently
An individual made capital gains from the sale of two assets and a loss from the sale of another. He also has brought forward losses. The gains are taxable at different tax rates. Can they use the losses to reduce the higher rate tax or how should they be allocated?
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Investing to save tax on gains
One of the tax breaks that can be claimed for making a qualifying enterprise investment scheme investment is the deferral of capital gains tax. How can this timing difference be turned into a permanent tax saving?
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Sharing a windfall - is there a tax cost?
A parent recently sold some assets and plan to pass part of the proceeds to their adult children. They're worried about possible inheritance tax (IHT) consequences but a friend has told them that they’re covered by the income exemption. Is this right?
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Inheritance tax: does the recipient need to pay?
A few years ago father made a gift of assets to his son to reduce his estate for inheritance tax (IHT) purposes. He recently died and his solicitor says that the son might have to pay tax on the gift. If there’s any IHT shouldn’t the estate pay it?
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