Knowledge

HMRC’s Chief Exec Jim Harra said that HMRC recognised the “immense pressure” people were under during these “unprecedented times” and that they “assume most of these people will have a…

Unfortunately, this has not (yet) happened. While HMRC are reportedly still ‘considering’ this option, currently the deadline remains Sunday 31 January 2021 for filing tax returns for the 2019/20 tax…

These are EIS, VCT and SEIS. SEIS has broadly the same rules as EIS, but is for smaller companies, has a smaller maximum investment limit, but a greater rate of…

This is an anti-fraud measure designed to counter building and construction services providers absconding with the VAT collected from their customers.The mechanism used for this is called the domestic Reverse…

Non-UK residents were typically only subject, in the UK, to: income tax on rental income stamp taxes when property was acquired The UK government has been gradually widening the scope…

At Claritas we are experts in making sure you have the right tax advice at this time. No matter your previous financial position, we can help you can make informed…

Back in July, when we were still preparing for an autumn Budget and in blissful ignorance of #lockdown2, the Chancellor wrote to the Office for Tax Simplification (OTS) asking them…

In the ongoing debate over how the Chancellor is going to fill the gaping hole in public finances caused by the COVID 19 support measures, a new report published today…

The case concerned the application of Principal Private Residence Relief (“PPR relief”) on the sale of their home by a husband and wife. Generally, homeowners do not pay CGT on…