Autumn Statement 2013

The Chancellor is claiming that from April 2015 he will be closing a “property tax loophole” that allows overseas investors who purchase UK property to sell it free of capital gains tax on profits made after April 2015. Here we go again on another PR campaign that attempts to brand those that abide by the […]

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Attention All Landlords

The autumn statement included news that landlords who have previously lived in the property that they own but have at some point let out will benefit from less tax relief in the future when they sell their property. Currently, UK resident individuals pay capital gains tax (CGT) on profits they make from the sale of […]

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Pension news

The Chancellor has today announced his intention to introduce a scheme which will allow pensioners to top up their Additional State Pension by paying a new class of voluntary National Insurance contributions, to be known as Class 3A. The opportunity is available to those currently in retirement and those who will reach state retirement age […]

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Did anyone see the Telegraph article this week about the property mogul who was asked to pay £5.5 million in tax “because of wife’s cooking”?

This shift in Revenue attitude is highly disturbing and leaves me wondering where it will all end. When are we going to stop this persecution of successful business people who have paid less tax than HMRC would like, not by doing anything illegal or even using artificial tax schemes, in fact there may not even […]

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