Capital gains tax Archives

Problems with holiday lets

Landlords of furnished holiday accommodation qualify for tax breaks if their property is available for short term lettings for at least 210 days a year and is actually let for 105 days in the year. Longer lets out of season are permitted but these must not exceed 155...

Using trusts as an effective tax planning tool

Jonathan Walton and Owen Kyffin of Whitley Stimpson shared their knowledge on UK trusts and how they can be used as an effective tax planning tool in B4’s The Business Brunch.

Frozen tax bands and allowances

Income tax and national insurance contribution rates have been frozen for 2021-22 and are likely to remain frozen until the end of this Parliament in 2024.

Budget 2021 – Personal Taxes

A summary of the changes to be made to personal taxes as announced in the latest Budget.

Clearing up confusion over Capital Gains Tax

A tax expert has stepped in to clear up confusion over Capital Gains Tax (CGT).

Advice on selling farm dwellings before capital gains tax rule change

Capital gains tax (CGT) rules on residential property are being tightened from April 2020, so farmers and landowners should consider completing any planned sales before this deadline, advises experts at Whitley Stimpson.