Tax

HMRC is sending out 14,000 “nudge” letters to people who have sold a residential property during the 2018/19 tax year asking them to check whether they owe Capital Gains Tax (CGT), tax and advisory firm Blick Rothenberg has warned

Self Assessment taxpayers have less than 100 days left to file their tax returns ahead of the 31 January 2021 deadline

In just over a week Americans will take to the polls and we will hopefully find out who will be leading the US as President for the next four years. While much of the campaign has been dominated by Covid-19 policies, racial inequalities and the Supreme Court, the impact of the candidates’ tax policies cannot be underestimated for private clients....

HMRC’s total tax take hit £47 billion in September 2020, £4 billion more than in September 2019, when £43 billion in tax was taken.

Latest figures from the Valuation Office Agency show there are now nearly 39,000 granny annexes in England and Wales alone – an increase of 16 percent in recent years

The European Commission has launching infringement procedures against Cyprus and Malta by issuing letters of formal notice regarding their investor citizenship schemes also referred to as “golden passport” schemes

The end of the transition period on 1 January 2021 could lead UK citizens with assets in an EU country to wonder how this will impact on who will inherit such assets. Someone from and EU country but living in the UK may have similar concerns

Over half of British adults (52 percent) believe there should be an independent office set up that audits stamp duty transactions to ensure people pay the right amount.

HMRC has received over 54,800 claims on its new online portal which allows workers to claim tax relief for working at home

The European Union has set up a special subcommittee to focus solely on tax matters.