Category Archives: Personal Tax

A Picture of Richard Verge - Tax Director

It’s important to understand the new rules, and their implications for your portfolio strategies. And it’s vital that your ownership structures take account of the risks, while being as tax efficient as possible.

Foreign ownership of UK property: What do the new rules mean for your investment structures?

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 24th September 2019

Categories:

A Picture of Hazel Johnson - Tax Director

There is likely to be some pressure on IHT reliefs in the future, perhaps seeing some restrictions being brought in

What is the Report into simplifying Inheritance Tax (IHT) from the Office of Tax Simplification (OTS) and what should you do?

Hazel Johnson - Tax Director - hjohnson@goodmanjones.com

Posted on 26th July 2019

Categories:

Previously only residential property had been within the charge to NRCGT, but from 6 April 2019 onwards the sale of any UK land and property by a non-resident will be subject to capital gains tax.

UK Commercial Property owned by non-residents

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 25th June 2019

Categories:

Philip Hammond was only prepared to make a modest number of spending commitments in his Spring Statement

The 2019 Spring Statement – Summary

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 14th March 2019

Categories:

HMRC have the power to enquire into such Returns and accordingly an apparently successful claim may be challenged and fail once it has come under proper scrutiny. This might be an issue if you have already paid out on no win fee basis.

Stamp Duty Land Tax & Multiple Dwellings Relief Claims

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 5th March 2019

Categories:

You should still review your position as shareholder and your company Articles to see if they satisfy this new test, but this is a welcome relaxation of the original proposals.

Entrepreneurs’ Relief Revisions now finalised

Graeme Blair - Partner - gblair@goodmanjones.com

Posted on 19th February 2019

Categories:

Many of the announcements were minor changes to existing legislation or confirmation of matters which have already been subject to public consultations.

UK Budget Summary 2018

Richard Verge - Tax Director - rverge@goodmanjones.com

Posted on 30th October 2018

Categories:

It certainly challenges the widely held belief that the UK has huge numbers of non-doms who are not paying their fair share of tax.

Non-Doms’ contributions rocket

Janet Pilborough-Skinner - jpilborough-skinner@goodmanjones.com

Posted on 7th August 2018

Categories:

A Picture of Aidan Roberson - Tax Manager

A few simple steps carried out by the end of the tax year on 5 April can yield great results.

5 Tips to Save You Tax before 5 April 2018

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Posted on 7th March 2018

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Category Archives: Personal Tax

It’s important to understand the new rules, and their implications for your portfolio strategies. And it’s vital that your ownership structures take account of the risks, while being as tax efficient as possible.

Foreign ownership of UK property: What do the new rules mean for your investment structures?

There is likely to be some pressure on IHT reliefs in the future, perhaps seeing some restrictions being brought in

What is the Report into simplifying Inheritance Tax (IHT) from the Office of Tax Simplification (OTS) and what should you do?

Previously only residential property had been within the charge to NRCGT, but from 6 April 2019 onwards the sale of any UK land and property by a non-resident will be subject to capital gains tax.

UK Commercial Property owned by non-residents

Philip Hammond was only prepared to make a modest number of spending commitments in his Spring Statement

The 2019 Spring Statement – Summary

HMRC have the power to enquire into such Returns and accordingly an apparently successful claim may be challenged and fail once it has come under proper scrutiny. This might be an issue if you have already paid out on no win fee basis.

Stamp Duty Land Tax & Multiple Dwellings Relief Claims

You should still review your position as shareholder and your company Articles to see if they satisfy this new test, but this is a welcome relaxation of the original proposals.

Entrepreneurs’ Relief Revisions now finalised

Many of the announcements were minor changes to existing legislation or confirmation of matters which have already been subject to public consultations.

UK Budget Summary 2018

It certainly challenges the widely held belief that the UK has huge numbers of non-doms who are not paying their fair share of tax.

Non-Doms’ contributions rocket

A few simple steps carried out by the end of the tax year on 5 April can yield great results.

5 Tips to Save You Tax before 5 April 2018

It’s important to understand the new rules, and their implications for your portfolio strategies. And it’s vital that your ownership structures take account of the risks, while being as tax efficient as possible.

There is likely to be some pressure on IHT reliefs in the future, perhaps seeing some restrictions being brought in

SITR means that individuals can claim 30% of the cost of investing in a qualifying social enterprise

Previously only residential property had been within the charge to NRCGT, but from 6 April 2019 onwards the sale of any UK land and property by a non-resident will be subject to capital gains tax.

Philip Hammond was only prepared to make a modest number of spending commitments in his Spring Statement

HMRC have the power to enquire into such Returns and accordingly an apparently successful claim may be challenged and fail once it has come under proper scrutiny. This might be an issue if you have already paid out on no win fee basis.

You should still review your position as shareholder and your company Articles to see if they satisfy this new test, but this is a welcome relaxation of the original proposals.

Many of the announcements were minor changes to existing legislation or confirmation of matters which have already been subject to public consultations.

It certainly challenges the widely held belief that the UK has huge numbers of non-doms who are not paying their fair share of tax.

A few simple steps carried out by the end of the tax year on 5 April can yield great results.