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What is a Green Card?

Following on from the news surrounding Rishi Sunak’s wife non-domiciled UK tax status (read more about this here), it seems that Rishi himself is now somewhat in the spotlight after it emerged that ...

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Non-Domiciled - What is a Non-Dom and what is the Remittance Basis?

There has been a huge amount of press around the fact that Rishi Sunak’s wife, Akshata Murthy, is a “non-dom” and able to access the “remittance basis of taxation”.In case it isn’t clear this isn’t a ...

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Chancellor Announces additional R&D Tax Credit opportunities

In the Autumn Statement of 2021, the Government provided details on a series of measures to reform the R&D tax relief system. These measures are intended to ensure the UK’s R&D tax reliefs are as ...

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Quid Game - Budget

The 2021 Autumn Budget was delivered today by The Host, the Chancellor of the Exchequer Rishi Sunak.

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HMRC Target Crypto Owners

HMRC has warned taxpayers that hold crypto assets, that they should expect to be contacted to verify their tax affairs are in order.As you may be aware, information is provided to HMRC from a variety ...

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Political donations: an unexpected Inheritance Tax risk

An interesting recent case (known as Banks vs IRC) shows the need to take tax advice if you are considering making a political donation or are dealing with the estate of a deceased person who has.

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File online to avoid filing by 31st October

HMRC has reminded self-assessment taxpayers to ensure they have the correct information in order to complete their 2020/21 tax return, with the October 31 deadline for submission of paper forms ...

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When is a house not a home?

Whether a property is residential or commercial for the purposes of Capital Gains Tax (CGT) has an impact on both the timing of the tax due on its disposal and the rate at which it is charged. In a ...

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TAP features again on eprivateclient's prestigious list

Today it has been announced that Tax Advisory Partnership (TAP) has again featured in eprivateclient’s prestigious Top Accountancy Firms 2021 list. This is the premier annual listing of the best UK ...

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A muted Budget?

The Chancellor’s forthcoming budget is only a few weeks away (27 October) and as usual there is plenty of speculation regarding what announcements he might make. There seems to be a growing consensus ...

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