Budget 2021 – Personal Tax Update – Income Tax
In the Chancellor’s Budget, he has announced that the personal allowance and income tax rate bands from 6 April 2021 for the next five years will be frozen.
2019-20 Self-Assessment – Late Payment Penalties
Shortly before the 31 January 2021 filing deadline for 2019-20 self-assessment tax returns, HMRC announced that the late filing penalty of £100 would not be charged to any taxpayer who submits their 2019-20 by 28 February 2021.
Changes to Capital Gains Tax Calculations and Reporting Requirements
From 6 April 2020 the capital gains tax regime on the sale of residential property will be changing. In this blog., Anthony looks at these changes to Capital Gains Tax Calculations and Reporting Requirements.
Record levels of Capital Gains & Inheritance Tax collected last year!
HMRC have revealed that the amount of capital gains tax and inheritance tax collected in 2018/19 hit record levels.
All you need to know about Mortgage Interest Relief and Inheritance Tax
Anthony’s final Personal Tax Update looks at Mortgage Interest Relief and Inheritance Tax.
All you need to know about Individual Savings Accounts, Pensions and Capital Gains Tax
In the second instalment in Anthony’s Personal tax update we look at ISA’s, Capital Gains Tax and Personal Pensions.