Property owners who want to leave a main home to their families as part of their will may pay substantially less tax thanks to a new Inheritance Tax boost. From April 2017, a new Inheritance Tax residential nil-rate band is in force for homeowners, with year on year allowance rises […]
Monthly Archives: August 2017
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THE subject of pension provision and tax liabilities are intertwined as never before following the continued reduction of the Annual Allowance for pension contributions, as well as the commencement of a tapered allowance for those with “adjusted” annual incomes in excess of £150,000. As ever with tax and pensions, it […]
As some of you may know there were plans by HMRC to introduce making tax digital which have been delayed until at least 2020 however, their plans to close the gateway for submitting VAT returns comes into force from 2019 and if you haven’t already, you will need eligible software […]
The buy-to-let market has declined in recent months, but can it still represent a good investment? There have been a number of changes to the rules around buy-to-let properties over the past year that have potentially affected the attractiveness of this as an investment opportunity. From changes in stamp duty […]