Category Archives: Tax

A Picture of Aidan Roberson - Tax Manager

HMRC have told us that employers should not wait to receive confirmation of their PSA calculations. Instead, you should pay over the tax and NIC liability that you have calculated using the usual payment methods.

Where’s my PAYE settlement agreement letter?

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Updated on 10th October 2019

Categories:

News
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

Updated on 24th September 2019

Categories:

A Picture of Cetin Suleyman - Managing Partner

I believe the key impact to be possibly one of cash-flow, rather than tweaks to accounting systems and administrative processes, the extension can help businesses have a bit more certainty on their own cash positions.

Construction Industry and the VAT Reverse Charge – Is this a welcome extension of time?

Cetin Suleyman - Managing Partner - csuleyman@goodmanjones.com

Updated on 10th 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

Updated 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

Updated 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

Updated on 26th April 2019

Categories:

We wish for a long period of calm and stability with minimal tax changes so we can plan for the future with certainty.

Spring Statement: A wishlist of what could have been included

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 26th April 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 on purchase of more than one dwelling – Multiple Dwellings Relief Claims

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 5th March 2019

Categories:

HMRC have told us that employers should not wait to receive confirmation of their PSA calculations. Instead, you should pay over the tax and NIC liability that you have calculated using the usual payment methods.

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.

I believe the key impact to be possibly one of cash-flow, rather than tweaks to accounting systems and administrative processes, the extension can help businesses have a bit more certainty on their own cash positions.

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.

The new tax limits affect charities' small trading exemptions, Gift Aid Small Donations Scheme and Gift Aid Donor Benefits. Check you know the new limits.

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

We wish for a long period of calm and stability with minimal tax changes so we can plan for the future with certainty.

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.