Advice on Maximising Your Save on Stamp Duty
This article discusses ways to save on Stamp Duty Land Tax (SDLT) when purchasing a UK property, including utilising First Time Buyers Relief, negotiating the purchase price, and exploring opportunities with Multiple Dwellings Relief.
Transferring Property from Partnership to Limited Company
This article explores the tax advantages of transferring from a partnership to a limited company in the UK, highlighting benefits such as incorporation relief and potential stamp duty land tax relief.
Importance of Making a Will to Avoid Inheritance Tax in the UK
This article will discuss the importance of creating a will in inheritance tax planning, covering control over asset distribution, tax-efficient gifts, allowance utilisation, and strategic trust setups to minimize tax liabilities with professional guidance.
Use of Limited Liability Partnership for Property Business
Learn about Limited Liability Partnership and its use for Property Business.
Commercial Property Service Charge Accounts
This article provides a comprehensive overview of the taxation of rental income in the UK, covering the calculation of tax for individual landlords, changes in interest relief, reporting requirements to HMRC, and the specific considerations for limited companies and serviced...
Explained: How Income Tax and Personal Allowance Works
Learn about how personal allowance and Income Tax works with this in-depth article.
Estate Administration and Inheritance Tax in the UK
Learn about how you can ensure the safe inheritance of assets while making sure entire process will go smoothly with our guide on Inheritance Tax.
A Guide to Non-Resident Capital Gains Tax (NRCGT) in the UK
This article discusses Non-Resident Capital Gains Tax (NRCGT) for non-residents selling UK properties, covering both residential and non-residential assets, with a focus on key factors like acquisition date and valuation, emphasising the importance of meeting reporting and payment deadlines.
Amarjeet Mudan & Tajinder Mudan v The HMRC Commissioners
This article covers Mr. and Mrs. Mudan's Stamp Duty Land Tax (SDLT) case, where HMRC sought a higher residential rate. The tribunal ruled in favor of the Mudans, considering the property's derelict state and the necessity for renovations, establishing it...
