Tax Aware Issue 11: April 2020 News COVID-19: Taxing times The UK Government and administrative bodies have implemented changes to mitigate the effects of the COVID-19 pandemic and to allow transactions and other work to continue from home. News Higher SDLT rate for non-resident buyers It was confirmed in the Budget 2020 that from 1 April 2021, a 2% Stamp Duty Land Tax (SDLT) surcharge will apply to non-UK resident individuals, companies and trusts purchasing residential property in England and Northern Ireland. News On the front foot: Taking the initiative in HMRC COP 9 investigations When HMRC suspects tax fraud it has a choice; it can either pursue a criminal investigation with a view to prosecution, or a civil investigation under Code of Practice 9 (COP 9). News Taking your fair share: The changing landscape of tax reliefs available on share sales Entrepreneurs' Relief was initially introduced to encourage entrepreneurs to invest in certain UK companies by allowing them to pay 10% capital gains tax (CGT, rather 20% as usual) on any gain on a future sale, provided certain conditions were met. News Going to VAR: HMRC win National Minimum Wage appeal on football season ticket payroll deduction scheme The Employment Appeal Tribunal (EAT) has held that a football club's payroll deduction arrangement, made available to employees to allow them to pay for their club season tickets, breached the National Minimum Wage (NMW) Regulations. News New CGT filing deadline for residential property disposals If you make a gain on the sale of a residential property, which usually means a second home or a buy to let since your main home will generally be tax-free, you used to report the gain in your tax return and pay the tax by the usual 31st January deadline. Previous Issues Prev Next Issue 20 Dec 2023 Issue 19 May 2023 Issue 18 Jan 2023 Issue 17 Sep 2022 Issue 16 Apr 2022 Issue 15 Jan 2022 Issue 14 Jun 2021 Issue 13 Feb 2021 Issue 12 Sep 2020 Issue 11 Apr 2020 Issue 10 Nov 2019 Issue 9 Jul 2019 Issue 8 Feb 2019 Issue 7 Oct 2018 Issue 6 Jul 2018 Issue 5 Apr 2018 Issue 4 Jan 2018 Issue 3 Oct 2017 Share
News COVID-19: Taxing times The UK Government and administrative bodies have implemented changes to mitigate the effects of the COVID-19 pandemic and to allow transactions and other work to continue from home.
News Higher SDLT rate for non-resident buyers It was confirmed in the Budget 2020 that from 1 April 2021, a 2% Stamp Duty Land Tax (SDLT) surcharge will apply to non-UK resident individuals, companies and trusts purchasing residential property in England and Northern Ireland.
News On the front foot: Taking the initiative in HMRC COP 9 investigations When HMRC suspects tax fraud it has a choice; it can either pursue a criminal investigation with a view to prosecution, or a civil investigation under Code of Practice 9 (COP 9).
News Taking your fair share: The changing landscape of tax reliefs available on share sales Entrepreneurs' Relief was initially introduced to encourage entrepreneurs to invest in certain UK companies by allowing them to pay 10% capital gains tax (CGT, rather 20% as usual) on any gain on a future sale, provided certain conditions were met.
News Going to VAR: HMRC win National Minimum Wage appeal on football season ticket payroll deduction scheme The Employment Appeal Tribunal (EAT) has held that a football club's payroll deduction arrangement, made available to employees to allow them to pay for their club season tickets, breached the National Minimum Wage (NMW) Regulations.
News New CGT filing deadline for residential property disposals If you make a gain on the sale of a residential property, which usually means a second home or a buy to let since your main home will generally be tax-free, you used to report the gain in your tax return and pay the tax by the usual 31st January deadline.