12 October 2016
RSM has become aware of a number of incidences in which HMRC’s gateway system shows a tax return has been issued to a trust, even if no corresponding notice to complete a tax return has been issued to trustees.
16 September 2016
Although school and university fees will have been paid for September, all parents should be aiming for an A* for tax planning in their next end of term report.
06 September 2016
Buy-to-let landlords could risk paying income tax on gains when disposing of property.
13 July 2016
While various government initiatives are focused on making tax compliance easier, life is becoming much more complicated for trustees. While professional trustees should be well placed to keep up-to-date with legislative changes, lay trustees could be at a real disadvantage.
13 July 2016
Proposed changes to legislation clarify how the new stamp duty surcharge will apply to property purchases that include an annexe.
05 July 2016
Whether you are buying residential property as an individual or in a company, the chancellor is keen to collect tax. And with increased stamp duty land tax (SDLT) rates now in effect, careful planning is key to avoiding overpaying SDLT.
29 June 2016
There is rarely a time when individuals are not faced with some uncertainty, and the outcome of the referendum is no different. The only certainty is that there are bound to be some winners and some losers as a new tax regime evolves outside of EU oversight.
20 May 2016
A further consultation on restricting interest and finance costs for UK corporation tax purposes was released on 12 May 2016. The document contains 92 pages. As the property sector is generally highly geared, the proposals will impact on this sector more than others.
15 April 2016
Investors in commercial property will benefit from the reduction by 8 per cent in the rates of capital gains tax.
12 April 2016
In the week politicians’ tax affairs have come under much scrutiny we have taken a stroll through the IHT archives to uncover the history of the gift rules that have attracted yet more unwelcome attention for the Prime Minister.