Tax on Purchasing or Selling a Second Home

Tax on Purchasing or Selling a Second Home

May 12, 2019 | Information

Many people purchase a second property to let out either for long term lets or furnished holiday lets. Before you start it is important to be aware of the tax implications of owning a second home. Stamp Duty Land Tax You pay Stamp Duty Land Tax when you purchase a...
The Importance of Tax Planning when running a limited company

The Importance of Tax Planning when running a limited company

Mar 3, 2019 | Expenses

If you run a limited company it is likely that you will receive personal income from your company in the form of both salary and dividends.  As dividend tax rates differ from other forms of income, and the tax due is usually worked out after the tax year in which the...
What Is Making Tax Digital?

What Is Making Tax Digital?

Jul 17, 2018 | FAQ

So what is making tax digital? Well In his March 2015 budget the Chancellor announced that this was “the end of the tax return as we know it”. The key change is that businesses will be required to digitally file tax returns on a quarterly basis. So what...