HMRC’s Nudge Letters Demand Urgent Review of Gift Hold-Over Relief Claim
Gift hold-over relief can be availed when you give away business assets, including certain shares, or sell them for less than their actual value to assist the buyer.
Tax on Airbnb Income
The article outlines UK tax considerations for Airbnb hosts, covering the Rent-a-Room scheme, Capital Gains Tax reliefs, VAT implications, recent changes for serviced accommodation businesses, and HMRC's campaign targeting undeclared income.