Tax | Capital gains tax for young investors hits £421m

The value of capital gains tax (CGT) paid by people under 35 has more than doubled in a year, from £192m in 2019/20 to £421m in 2020/21

20 Sep 2022

Tax

Personal Tax

Technology

Tax | Wales plans tax on overnight visitor stays

The Welsh government is consulting on proposals to introduce a visitor tax on tourists and overnight visitors to Wales, including business travellers

20 Sep 2022

Tax

Business Tax

Personal Tax

Consultations

Tax | How to tackle inflation from a personal tax perspective

As inflation remains stubbornly high, there are a number of tax planning measures which could help offset diminution of capital, says HW Fisher 

16 Sep 2022

Tax

Personal Tax

Tax Planning

Tax | Tax for Brits purchasing and owning properties in France

Lea Maynard, senior paralegal at law firm Buckles, explains the tax implications for Brits buying and owning properties in France from capital gains tax to domicile issues 

13 Sep 2022

Tax

Personal Tax

Property Tax

Tax Compliance

Tax Planning

Tax | No inheritance tax payable on Queen’s estate

Following changes to the law in the 1990s, no inheritance tax payable will be payable on the Queen's estate

13 Sep 2022

Tax

Personal Tax

Tax | Q&A: trusts and 10-year tax charges

In this week’s Q&A, Croner-i tax advice consultant Kiya Jacobs, considers the tax liability for trusts facing 10-year charges and exit arrangements

13 Sep 2022

Tax

Personal Tax

Tax Compliance

Tax | Scottish plan for visitor tax criticised

Scotland plans to charge overnight visitors when they stay in Scottish hotels and accommodation, which will be charged at a local authority level

8 Sep 2022

Tax

Personal Tax

Tax | Employment related securities, elections and tax

Martin Jackson, senior technical writer, Croner-i, considers when to make an election about employment related securities and how the timing affects tax liability

7 Sep 2022

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | HMRC probes suspected tax evasion bank customers

HMRC is targeting hundreds of UK customers of a collapsed Puerto Rican bank linked to tax evasion and money laundering

7 Sep 2022

Tax

Personal Tax

International Tax

HMRC

Tax Compliance

Tax | Q&A: electric cars, tax and salary sacrifice

In this week’s Q&A, Croner-i payroll adviser Joe Tabois explains how salary sacrifice and tax breaks work when applied to company electric cars and low emission vehicles 

6 Sep 2022

Tax

Employment Tax

Personal Tax

Tax Compliance

Tax | IR35 review could simplify guidance on compliance

HMRC plans to review IR35 guidance and provide a cost benefit analysis of the impact of the rules, which assesses whether workers should be classified as employees and taxed at source

5 Sep 2022

Tax

Employment Tax

Personal Tax

HMRC

Tax Compliance

Tax | Pension tax breaks hit £22.9bn

Tax breaks granted to people in the UK on their savings and investments hit a record high of £27.1bn in the last year, with pensions dominating 

5 Sep 2022

Tax

Personal Tax

Pensions

Tax | Football referees £584k tax case goes to appeal

The Supreme Court has granted the Professional Game Match Officials Limited (PGMOL) leave to appeal over a long-running dispute with HMRC over the tax status of referees

5 Sep 2022

Tax

Employment Tax

Personal Tax

Case Reports

Tax | 16 million households receive council tax rebate

More than 16 million households have received the £150 council tax rebate to help with the current cost of living crisis, according to new government data

1 Sep 2022

Tax

Personal Tax

Tax | HMRC advisory fuel rates for company car users from 1 September 2022

HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 September 2022, increasing rates between one and three pence per mile

30 Aug 2022

Tax

Business Tax

Personal Tax