Tag: Capital Gains Tax
Red Hot Tax Tip – get tax relief on your personal mortgage
For married couples and civil partnerships.
EXAMPLE
You sell shares in your family company to your spouse for an amount equivalent...
More landlords can expect to pay 40% tax
More landlords can expect to pay higher rate tax from next April thanks to new income tax rates published with little publicity by...
Running a buy to let business as a limited company
Buy to let landlords making big rental profits and looking to save tax often flirt with the idea of running their business through...
Stressed out taxman writes off bills for 1.9 million
The taxman has finally come a cropper in the game of brinkmanship played on claiming unpaid tax right on the legal deadlines for chasing...
Taxman tightens up residence rules on second homes
The taxman has confirmed The Money Centre’s long-held suspicion that HMRC is chasing property investors suspected of ‘flipping’...
HMRC gets tough over late £100 fines for late tax returns
HM Revenue & Customs (HMRC) has issued a warning to anyone who hasn’t yet sent in their self-assessment tax return –...
HMRC task force chases landlords for unpaid tax
Landlords are in the firing line of a new HM Revenue and Customs charge to collect unpaid tax.
HMRC is looking at 20 million cases...