Current affairs

The Chancellor confirmed in the Autumn 2015 budget that with effect from 6 April 2017, tax relief on interest relating to ordinary residential property businesses will be restricted so that, by ...

Yesterday, George Osborne delivered what we consider to be a positive 2016 Budget.

The Chancellor of the Exchequer, George Osborne, delivered his first Autumn statement as the Chancellor of a Conservative government today.

HMRC continue to invest in measures to prevent tax avoidance and evasion and are running campaigns to encourage individuals to disclose their income to HMRC. The let property campaign was launched ...

UK Government “ATED” those tax reliefs

The UK and in particular London has enjoyed phenomenal increases in property values in recent years, resulting in many investors considering London residential ...

The FTT dismissed the tax payer’s appeal against HMRC’s decision not to allow a capital gains tax exemption claimed in respect of his enterprise investment scheme (‘EIS’) shares.

HMRC have set up a task force focused on collecting tax from Scottish taxpayers who appear to be living beyond their means. They apparently have access to data which allows them to identify ‘badges ...

A taxpayer wins case to claim a repayment exceeding the 4 year limit

Mr Higgs made payments on account for the tax year 2006/07 in accordance with the previous year’s liability. Mr Higgs forgot to ...

The Chancellor of the Exchequer, George Osborne, delivered the first Conservative Budget since 1996 today.

It is widely known that from 6 April 2015 a new capital gains tax (“CGT”) regime will apply to non-resident owners of UK residential property. This will be known as ‘extended CGT’ and will apply to ...