How much tax will you actually pay on your property investment? What property taxes do you need to know about in 2025? These questions keep many property owners awake at night, and rightfully so. Property tax has become increasingly complex, with various taxes hitting at different stages of your property journey. From stamp duty when […]
A Complete Guide to Property Taxation in 2025 Read More »
Whether you’re planning to sell properties to fund retirement, concerned about inheritance tax on a growing portfolio, or simply want to understand your long-term tax obligations, property exit strategies require careful consideration. Recent changes to capital gains tax rates and the continued freeze on inheritance tax thresholds make it vital to consider all possible property
Property Exit Strategies: Your free guide to reducing Capital Gains and Inheritance Tax Read More »
As an accountant who works with many creative professionals, I’m constantly surprised by how many talented freelance writers don’t fully grasp the financial implications of their intellectual property. Your words aren’t just your creative output – they’re valuable business assets that can generate income for decades. Yet many freelance writers inadvertently leave money on the
Freelance Writers: Copyright, Royalties & Rights Management for Journalists & Authors Read More »
The world of digital assets continues to change rapidly, which means it’s important (and challenging) to understand how cryptocurrency and UK tax obligations intersect. As we move through 2025, both experienced crypto investors and newcomers to the space must be aware of their tax responsibilities to avoid unexpected penalties and ensure compliance with HMRC regulations.
Cryptocurrency and UK Tax in 2025: Avoid issues with HMRC Read More »
When a couple is separating or is divorced it is unlikely that they are thinking about the tax implications of their actions. However, apart from the emotional stress, there are also tax issues that
Tax when transferring assets during divorce Read More »
In general, there is no Capital Gains Tax (CGT) liability created when a property used as the main family residence is sold. An investment property which has never been used as a home will not
Tax-free home sales Read More »
A Post Transaction Valuation Check (PTVC) can be requested from HMRC for an individual to work out a capital gains tax liability or for companies to calculate corporation tax liability on chargeable
Post Transaction Valuation Checks Read More »
A higher rate of Capital Gains Tax (CGT) applies to gains on the disposal of residential property if the gain falls into the higher rate band. In the Spring Budget, the Chancellor announced a
Spring Budget 2024 – CGT on disposals of residential property Read More »
In general, there is no Capital Gains Tax (CGT) on a property which has been used as the family’s main residence. This relief from CGT is commonly known as Private Residence Relief or PRR. However,
Letting part of your home Read More »
Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership. Where this relief is available sellers can
Entitlement to Business asset disposal relief Read More »