capital gains tax

Tax charge when you sell residential property investments

Since 1st July 2020, in most instances, you are required to report and pay tax within 30 days when you make a profit on the sale of a residential property that is not your main home.

The change has drastically reduced the previous time gap between the date of sale and the date of paying the tax. You will now be […]

August 11, 2020 David Charles accountant, capital gains tax, Glasgow, Lanarkshire, property, tax, tax adviser 0 Comments Read more...

Reducing the taxman’s take

To minimise the tax you pay, it’s important to be fully aware of the choices you can make before you make them, so planning ahead and taking professional financial advice is essential. With real-terms tax increases the prospect for the foreseeable future, it makes sense to utilise every available tax relief.

HM Revenue & Customs (HMRC) creates many legitimate opportunities for […]

January 13, 2016 David Charles capital gains tax, income tax relief, trust fund 0 Comments Read more...