News

the more your overall wealth is made up of capital gains compared to the man on the street or the payroll person.” Tax experts said property had become a particular focus for HMRC. CGT is due ...
HMRC has issued a warning about a four-year ... You can claim this relief for overpayments of income tax, capital gains tax, Class 4 National Insurance contributions or corporation tax, or to ...
Investigations into underpaid capital gains tax by HMRC have more than tripled in the past year. Research by UHY Hacker Young revealed there were 14,223 investigations into suspected underpayment ...
HMRC is sending thousands of nudge letters ... depending on the items you sell and how much you sell them for, you may need to pay capital gains tax (CGT). Churchill Taxation notes that this ...
If you usually fill in a tax return, you must also report any capital gains, regardless of whether you've already used HMRC's online service. You also need to include how you worked out each capital ...
Thousands of letters are being sent out across the UK by HMRC tp people with side hustles ... old toys or clothes. They may have to pay capital gains tax (CGT) depending on the items sold and how much ...
Do I pay capital gains tax ... you can use that against the gains you make from another property and therefore reduce your overall CGT bill. You should claim any losses on your self-assessment tax ...
Following a series of cuts to capital gains tax allowance in recent years ... though you do need to be mindful of things like divorce. “What HMRC doesn’t like is when it’s not a genuine ...
HM Revenue and Customs (HMRC) has clear-cut rules on how much interest can be accumulated on savings accounts before you need to start paying tax. However, some people may be concerned about ...