HMRC is promoting its online system for reporting capital gains and losses. It looks straightforward enough, but some tax advisors are saying that it’s not such a good idea to use it. Who should you
believe, HMRC or the advisors?
Published 09.07.2018
Major changes to the tax regime for gains made from the sale of residential property will take effect from April 2020. They will affect how and when you’re required to report and pay capital gains
tax. What’s the full story?
Published 08.07.2019
You’ve seen HMRC’s recent publicity about the advantages of filing your self-assessment tax return early. It says it can reduce your 31 July tax bill. How does this work and what other
advantages might there be to filing your tax return early?
Published 30.06.2021
Our subscribers, a married couple, are selling two assets. Both sales will produce a capital gain, one chargeable at the rates for residential property gains and the other not. How can they allocate
their annual exemptions for maximum tax efficiency?
Published 21.09.2022
A surprise victory at the Upper Tribunal has paved the way for you to obtain tax refunds arising from tax returns which HMRC said were submitted too late for it to process. What’s the full story?
Published 02.09.2016
HMRC has launched an online tool which allows you to check if you need to submit a tax return for 2017/18. It’s easy to access, simple to use but very misleading. What’s the full story?
Published 13.12.2018
If you’re one of the two million taxpayers who haven’t submitted their 2012/13 tax return, you have a little over a week to do so. But if you don’t have all the information to complete the form what
steps can you take to ensure you meet the deadline?
Published 17.01.2014
In April 2016 changes to the tax rules resulted in errors in HMRC’s self-assessment calculations. It now says that it intends to revisit some of these. Will you be affected and will you have more tax
to pay?
Published 31.10.2018
The first deadline for submitting your self-assessment tax return on paper for 2018/19 is just two weeks away. If you’re not going to be on time what can you do to prevent being fined?
Published 16.10.2019