The fact that the possibility, however remote, of a Conservative government introducing a one-off wealth tax is being discussed shows just how hard the UK’s economy has been hit by the coronavirus ...
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Despite fierce opposition to the measure, on 1 December 2020, the Crown (for which read HMRC - the UK tax authority), was promoted from ordinary unsecured creditor status to preferential creditor ...
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You can currently deduct the full value of an item that qualifies for annual investment allowance (AIA) from your profits before tax but the value of this relief is due to fall sharply and businesses ...
Read MoreThe US is one of the few countries in the world to tax their citizens not on their US residency status but on their citizenship. This means that US citizens (and Green Card holders) living outside of ...
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We are delighted to have learnt today that Tax Advisory Partnership has been officially recognised as a Top Accountancy firm for Private Clients in 2019, by ePrivateClient. The list includes 32 well ...
Read MoreThe IRS recently released a draft of its new Form 1040 that every American taxpayer will use to file their 2018 tax returns early next year. And as expected, the new form is significantly different ...
Read MoreYesterday President Trump revealed plans to significantly cut the tax rates for both individuals and businesses. There are few details of how and when these changes will be made but below are the ...
Read MoreChanges to the inheritance tax (‘IHT’) treatment of UK residential property were originally proposed in the Summer Budget 2015, to take effect as of 6 April 2017. To date, UK residential property ...
Read MoreThis morning, Donald J. Trump won the US Presidential Election.
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