2018-19 Payments on Account not processed by HM Revenue & Customs

Brexit and your Holiday home

Anyone with a holiday home in Spain who rents it out when they are not using it is likely to face additional tax charges when the UK is no longer part of the EU. The Spanish authorities are obliged to treat residents of other EU countries favourably, but no such...
2018-19 Payments on Account not processed by HM Revenue & Customs

Split year treatment and the statutory residence test

Introduction The general premise when the Statutory Residence Test was first introduced on 6th April 2013, was that you are either considered as UK tax resident or not resident for UK taxation. Your residence position needs to be looked at closely in a UK tax year,...
2018-19 Payments on Account not processed by HM Revenue & Customs

Split year treatment and leaving the UK

If you are considering leaving the UK to go overseas then it may be possible for you to claim split year treatment. You have to be UK tax resident during the UK tax year concerned to be able to consider a claim being made. There are three Cases of split year treatment...
2018-19 Payments on Account not processed by HM Revenue & Customs

Gift aid- Unexpected tax liability

Gift aid has always been a way for individuals to make donations to the charity of their choice and for the charity to benefit where gift aid has been claimed. Following the changes to the taxation of dividend and interest income which were introduced with effect from...