by admin | Dec 9, 2024 | Business Support |
Small businesses across the UK can now access streamlined support and advice through the newly launched Business Growth Service, designed to simplify and enhance the way SMEs engage with government resources. Simplifying Support for SMEs Navigating government support...
by admin | Dec 5, 2024 | Capital Gains Tax |
One of the most commonly used and valuable exemptions from Capital Gains Tax (CGT) is for the sale of a family home. Generally, there is no CGT on a property that has been used as your main family residence. However, an investment property that has never been used as...
by admin | Dec 5, 2024 | General |
It is important to take the necessary steps to protect your land and property from fraud. You are at a higher risk if: Your identity has been stolen You rent out your property You live abroad The property is empty The property is not mortgaged The property is not...
by admin | Dec 5, 2024 | Overseas tax issues |
A new rule aimed at preventing individuals from using companies to avoid taxes through the Transfer of Assets Abroad (ToAA) provisions applies to income arising to persons abroad on and after 6 April 2024. This change affects UK residents who own or have a financial...
by admin | Dec 5, 2024 | Value Added Tax |
The VAT Flat Rate Scheme allows businesses to pay VAT as a fixed percentage of their total turnover, which includes VAT. The applicable percentage varies based on the business type. This scheme is designed to simplify VAT accounting, thereby reducing the...
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