by Gareth Thomas | Apr 25, 2026 | Accounting, Business, Investments
If you run your own limited company, you might wonder whether the business could help pay for school or university fees. At first glance, this can seem like a sensible option, especially if the company has surplus cash available. However, the tax rules mean it’s...
by Gareth Thomas | Jan 22, 2025 | Accounting, Business, Downloads, Investments, Property, Taxes
Investing in residential property just became more expensive. The Chancellor’s Autumn Budget introduced a significant hike in the Stamp Duty Land Tax (SDLT) supplement, raising it from 3% to 5% for buyers of second or subsequent residential properties. This change...
by Gareth Thomas | Jan 19, 2025 | Accounting, Coronavirus, Downloads, Finance, Investments, Property, Taxes
The Autumn 2024 Budget brought a surprising bit of stability for property owners: the rates of capital gains tax (CGT) for residential property gains remain unchanged. With the top rate for residential property gains staying at 24%—down from 28% in recent years—some...
by Gareth Thomas | Dec 22, 2024 | Accounting, Finance, Investments, Property, Taxes
If you own a property that was once your main home but is now rented out or vacant, you might be facing a significant capital gains tax (CGT) bill when you sell it. But with a bit of strategic planning, moving back into your former home before selling could maximise...
by Gareth Thomas | Nov 20, 2024 | Accounting, Business, Finance, Investments, Property, Taxes
If you’re a UK resident and own property abroad that you rent out, it’s important to understand how your overseas rental income is taxed here in the UK. Since the UK taxes its residents on their worldwide income, this means any rental profits from your overseas...
by Gareth Thomas | Sep 29, 2024 | Business, Finance, Investments, Taxes
Understanding the Tax Implications of Different Business Finance Methods Starting a business can often be done on a shoestring budget, requiring just an internet connection, a smartphone, and a laptop. However, as your business grows, you may need additional funding...
