Welsh rates of Income Tax

The Welsh Government has confirmed that the proposed Welsh Government Budget has been ratified and that the new Welsh rates ...
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CGT relief for two dwellings for the same period

As a general rule, there is no Capital Gains Tax (CGT) on a property which has been used wholly as ...
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Changes to lettings relief and other exemptions April 2020

Two changes to the way Private Residence Relief works are due to come into effect from April 2020. These changes ...
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Lifetime transfers where estate of another individual is increased

Most gifts made during a person's life are not subject to tax at the time of the gift. These lifetime ...
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On your bike – Cycle to Work schemes

There are special rules involving bicycles usually referred to as 'Cycle to Work' arrangements. The Cycle to Work scheme was ...
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Avoid car-fuel benefit charge for 2018-19

The easiest way to ensure that no car-fuel benefit charge (for private journeys in a company car) is payable, is ...
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HMRC publishes more strange excuses

A recent press release by HMRC revealed some of the oddest excuses for submitting a late tax return. The excuses ...
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EU Settlement Scheme fee is to be scrapped

The Prime Minister has announced in a speech to the House of Commons that the £65 fee for applications made ...
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Statutory payment rates for tax year 2019/20 confirmed

Following the written ministerial statement published in November 2018 announcing the proposed new rates for Statutory Maternity Pay (SMP), Statutory ...
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Auto-enrolment qualifying earnings band figures for tax year 2019/20 confirmed

The draft Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2019 has now been published. As expected, it freezes ...
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Tax if clients leave the UK to live abroad

The P85 form should be completed by individuals or their agents to advise HMRC that have left the UK to ...
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Remaining age related tax allowances

Most age related tax allowances have been phased out. However, the Married Couple's Allowance (MCA) is available to elderly married ...
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Carry back charitable contributions

Donations to charity over the course of a tax year can add up and taxpayers must ensure they keep a ...
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Could you claim the Marriage Allowance?

If you or your partner are a low earner or not working, then you may be eligible for the marriage ...
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Reducing payments on account

Taxpayers are usually required to pay their Income Tax liabilities in three instalments each year. The first two payments are ...
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