23 July 2020
The Government believes the legislative changes will impact 170,000 individuals working through their own intermediary, such as a PSC. For these individuals, the deduction of tax and NI at source will have cash flow implications and, therefore, needs to be planned for.
23 July 2020
The Government has confirmed that it will reform the off-payroll working rules (commonly known as IR35) from 6 April 2021. This change impacts an estimated 170,000 individuals who supply their services through an intermediary, such as a personal service company (PSC), and who would be deemed employed if engaged directly.
21 November 2018
The government believed that making residential property more expensive would discourage investors but has done little to affect the property market. Find out why there has been a spike in tax revenues and how stamp duty land tax will affect you.
Stuart is a tax specialist and heads the North East tax practice of RSM. Stuart’s particular expertise is in business structuring, capital tax planning and taxation of professional practices.
Arguably one of the most important and generous reliefs from UK capital gains tax (CGT) is the exemption available for the disposal of an individual’s home. In straight forward cases where someone owns one property which they have always lived in for the whole period of their ownership any gain arising is completely exempt from a CGT charge. However modern life is never that simple.