Private Client

Tax advisers around the country wondered whether this was indeed just the corralling together of items not required to be included in the Budget, or whether there was to be…

From 1 April 2021, additional rates of SDLT will apply where the purchasers of residential property in England and Northern Ireland are not resident in the UK. It is not…

While new tax-paying trusts are already subject to time limits for registration under the Trusts Registration Service (TRS), under 5MLD, almost all non-tax paying trusts will also be required to…

Family Investment Companies are an increasingly popular alternative to trusts, enabling family wealth to be passed to younger generations whilst allowing the founders to retain control of the assets. A…

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…

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…