Couples in the process of separating may find themselves facing a costly capital gains tax (CGT) bill if they miss the tight deadline for transferring assets as part of their divorce settlement. From 6 April 2023, separating couples will be given considerably more time. Currently, the basic rule is that:...
Residential disposals – Defining a ‘period of ownership’ for CGT
The disposal of a private residence is exempt from capital gains tax (CGT) if used...Energy price crisis
After a prolonged period of speculation, the new Prime Minister Liz Truss announced preliminary details...Emotional profit – what is it and how can it be measured?
I recently chatted with Alex Bailey from Bailey & French - Consulting about my concept...
Confusion amongst businesses and government departments alike as more penalties are applied.
Avoiding insolvency has never been harder in the post-pandemic world. Find out how we can help you evade future insolvencies.
In late May, the former Chancellor announced new measures to counter the rising cost of living, in particular energy prices....
Despite Gift Aid donations saving tax at a person’s marginal rate, donors still need to watch out for any pitfalls that might preclude tax relief.
Buy a raffle ticket and stand a chance to win an experience of a lifetime, a track day at the...
A downside to running a limited company is that financial reports are publicly available. However, micro-entities and small companies do...
