Understanding What is Your ‘Main Residence’?

Understanding What is Your ‘Main Residence’?

Going all around the houses, for nothing A regular example of things going wrong is claiming to be tax exempt when you sell your dwelling at a profit. Many people think that to occupy a property as a dwelling is enough to get this “Main Residence Relief”. A tax judge...
VAT – Building Complexity Next Year

VAT – Building Complexity Next Year

The Reverse Charge Mechanism is Coming HMRC is planning to introduce new rules to combat construction fraud. The changes are a long way off, but we want to tell you about this now in case you haven’t heard about this yet. The really fine detail won’t be decided by...
PAYE – Pay as You Earn – 2018 Update

PAYE – Pay as You Earn – 2018 Update

If you are an employer, important deadlines are looming on a number of topics for the tax year 2017-18. Thursday 5 July 2018 Receipt by HMRC of PAYE Settlement Agreement document. Friday 6 July 2018 Receipt by HMRC of P11D’s and declaration for benefits in kind,...
Couples and Property Tax

Couples and Property Tax

Not really news… but maybe “News to you” In this occasional series, we look at things that you might not know but knowing could save you some money. This time we look at: Couples and Property Tax One of the most common situations is for a couple (married or...