The ongoing pandemic has led to a focus of our clients’ minds on how best to prepare for a transfer of assets to the next generation, involving, educating, and empowering […]
Since 6 April 2020 UK residents disposing of residential property where a chargeable gain arises need to report and pay any Capital Gains Tax (CGT) due within 30 days of […]
As a result of the pandemic, working remotely has become the new normal for many and for others a hybrid working scheme has been implemented by their employers. These working […]
The future holds uncertainty for the tax and financial advice industry, with talks of potential increases in capital gains tax and proposed changes to the inheritance tax regime. Therefore, it […]
The Chancellor of the Exchequer issued a financial package targeted at those who derive the majority of their income from self-employment who are facing hardship due to the Covid-19 pandemic, […]
With land in many parts of the country being at a premium, what potential tax issues should a home owner be aware of if they decide to harvest the wealth […]
Craig Hughes – Personal Tax Specialist Many buy-to-let property investors have had issues with the introduction of unfavourable tax policies in the last couple of years. With potential future increases […]
If you find in this time of uncertainty that you are unable to pay your self assessment income tax liability, there is help at hand. If you have already missed […]
The rules regarding residency, previously based on outdated guidance and case law, were finally replaced by the Statutory Residence Test with effect from 6 April 2013. These aim to provide […]
The breakdown of a marriage/civil partnership is very rarely easy, and the most common disputes generally arise over a couples’ assets, specifically the family home. Tax is often overlooked on […]
We are delighted to announce that Chris Gillman, Director and member of the private client team at Menzies, has been recognised by ePrivateclient as part of their ‘Top 35 Under […]
Important changes to the deadline for reporting and payment of CGT on the disposal of UK property, these changes apply to both UK and Non-UK Residents. What has changed? From […]
Article curated by Assistant Manager Conor McManus With the financial impact of Covid-19 clear to see, many of our clients have been in touch to ask for our thoughts on […]
HMRC have now updated their guidance so that individuals can log in and check if they are eligible for the self-employment income support scheme grant. HMRC’s system will also provide […]