The dawn of another tax year
Wednesday 6 April 2022 marks the start of a new tax year. For once, this doesn’t mean any changes to…
Thoughts on the 2022 spring statement
On Wednesday 23 March 2022, the Chancellor announced his Spring Statement. Unlike most newspapers, I won’t quite go as far…
Enterprise Investment Scheme – EIS
Introduction
The Enterprise Investment Scheme (EIS) is a Government scheme designed to encourage individuals to invest into certain companies, thereby…
Autumn Budget: timeframe for paying capital gains tax extended
The lead up to every Budget will often involve discussion about possible changes to the tax system. This was particularly…
Second OTS Capital Gains Tax report released – What are the additional recommendations?
The Office of Tax Simplification (OTS) has now released the second part of its review into Capital Gains Tax (CGT).…
Stamp duty land tax (SDLT) for non-residents
The standard rates of SDLT on acquiring residential property currently range between 0% and 12%. In addition to this however,…
Budget 2021 tax changes: What you need to know
Budget 2021 has been announced. Unsurprisingly, given the ongoing pandemic, a large part of the Chancellor’s speech was focused on…
Year-end tax planning before 5 April 2021
The end of the current 2020/21 tax year is approximately one month away now (5 April 2021). For many people,…
Charitable gifting in wills
Whether done during life, or on death, gifting money or other assets to charity is very common and commendable. This…
OTS Capital Gains Tax report released – What are the recommendations?
Back in July 2020, I wrote about the Chancellor commissioning the Office of Tax Simplification (OTS) to undertake a review…
OTS review of Capital Gains Tax
On 13 July, the Chancellor wrote to the Office of Tax Simplification (OTS) to request that a review is undertaken…
Online capital gains tax (CGT) for property disposals
Further to the commencement of the new tax year last week, it is now necessary for an online capital gains…
Budget 2020: Key points
On 11 March 2020, the new Chancellor, Rishi Sunak, delivered his first Budget. It was also the first Budget since…
APPG for Inheritance & Intergenerational Fairness published a report which recommended a ‘complete overhaul’ of IHT
At the end of last month the All-Party Parliamentary Group for Inheritance & Intergenerational fairness (APPGIIF) published a report which…
Office of Tax Simplification review inheritance tax
Earlier this month the Office of Tax Simplification (OTS) published its second and final report in relation to its review…
