When people talk about inheritance tax planning, they often lump it all together under the heading “protecting the family wealth.” In reality, there is a big difference between inheriting wealth and inheriting a business. Both may be part of your legacy, but the planning challenges, risks and opportunities can be very different. What works for […]
For most people, tax returns fall into the “work I don’t want to do” category. It’s something that needs to be sorted out, submitted to HMRC and then quickly forgotten about until the following January. But in reality, tax reports are often much more interesting than that. For business owners, property investors and families with […]
Why more taxpayers are paying Capital Gains Tax than ever before HMRC’s latest figures show that Capital Gains Tax receipts reached £24.3 billion during the 2025/26 tax year. While increases in asset values certainly contributed to this increase, revenue growth was also a consequence of successive reductions in existing relief and allowances. As a result, […]
Find out what our members are asking this month… I have a client who lives in South Manchester and an employee who lives in the Manchester area. They don’t have an office. Every week they meet for company-funded meetings and lunches. I think this would be classed as travel because they are working somewhere that […]
Introduction Ongoing geopolitical conflicts, public health emergencies and international travel disruptions may create unexpected UK tax residency issues for individuals moving internationally. Non-UK residents may spend more time in the UK than expected due to circumstances beyond their control, raising concerns about whether they could inadvertently become UK tax residents. To explore this, we look […]
Perpajakan atas hak citra telah lama menjadi ciri utama struktur remunerasi dalam olahraga profesional, khususnya sepak bola. Atlet dan tokoh masyarakat lainnya mengandalkan pengaturan di mana pembayaran untuk eksploitasi komersial terhadap citra pemain diterima secara terpisah dari pendapatan pekerjaan melalui perusahaan hak citra khusus. Reformasi yang diumumkan pada APBN tahun 2025 menandakan perubahan signifikan dalam […]
Imagine this… Mornings are spent strolling along the sun-drenched Mediterranean coast, afternoons sipping espresso in small Italian piazzas, and evenings watching the sun set over rolling vineyards. Sounds perfect, right? But before you trade in your home office for a hammock, there’s one thing that could give your dreams a headache: taxes. This is where […]
Perpajakan atas hak citra telah lama menjadi ciri utama struktur remunerasi dalam olahraga profesional, khususnya sepak bola. Atlet dan tokoh masyarakat lainnya mengandalkan pengaturan di mana pembayaran untuk eksploitasi komersial terhadap citra pemain diterima secara terpisah dari pendapatan pekerjaan melalui perusahaan hak citra khusus. Reformasi yang diumumkan pada APBN tahun 2025 menandakan perubahan signifikan dalam […]
Introduction Selling a residential property that has increased in value can trigger a Capital Gains Tax (CGT) liability. Although many landlords and property owners expect to incur tax liabilities, the calculation and reporting requirements are often more complex than expected. This is common if the property has been owned for several years, repair work has […]
Introduction Decision of the Court of First Instance in parking attendants [2026] TC 09868 provides a useful and practical reminder of how the UK’s Statutory Residence Test (SRT) can be applied when international travel is disrupted. This case considers the “transit” and “extraordinary circumstances” provisions in the SRT and will be of particular concern to […]
