UK tax updates and business news

IHT: main residence nil-rate band

From April 2017, each individual spouse or civil partner will be offered a residence nil rate band (RNRB), which is designed to...

Reform of landlords' taxation?

The government's plans to allow landlords to use the cash basis for tax purposes were confirmed in the 2017 Spring Budget, but although the proposed legislation was included in Finance Bill 2017,...

CGT annual exemption: use it or lose it!

Capital gains tax (CGT) is normally paid when an item is either sold or given away. It is usually paid on profits made by selling various types of assets including properties (but generally not a main residence)...

Brexit legislation update

The House of Commons Library has published two research briefing papers entitled ...

June questions and answers

Q. Before I became registered for VAT, I bought a capital item from a friend, which cost ...

June key tax dates

19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/6/2017....

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