13th June 2024
There are specials rules that apply to UK property sales by non-residents. Since 6 April 2020 non-residents have needed to report and…
30th May 2024
Business Asset Rollover Relief also known as CGT Rollover Relief allows for deferral of Capital Gains Tax (CGT) on gains made when…
23rd May 2024
When a couple is separating or is divorced it is unlikely that they are thinking about the tax implications of their actions….
25th April 2024
In general, there is no Capital Gains Tax (CGT) liability created when a property used as the main family residence is sold….
18th April 2024
A Post Transaction Valuation Check (PTVC) can be requested from HMRC for an individual to work out a capital gains tax liability…
7th March 2024
A higher rate of Capital Gains Tax (CGT) applies to gains on the disposal of residential property if the gain falls into…
22nd February 2024
Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s interest in…
22nd February 2024
In general, there is no Capital Gains Tax (CGT) on a property which has been used as the family’s main residence. This…
1st February 2024
HMRC’s guidance is clear that where a capital sum is derived from an asset, the relevant legislation treats the owner as having…
18th January 2024
The term bed and breakfasting (sale and repurchase) of shares refers to transactions where shares are sold and bought back the next…