The beneficiary who moved out two years ago was disabled under the HMRC criteria at CG64986, so there is enjoyment of final 36 months PPR exemption in any case, plus from the commencement of the trust ...
Capital gains tax has been increased since Labour came to power last year and there are rumours of a further hike. It comes after CGT rates were increased in the Autumn Budget and the latest HMRC data ...
Penalties for failing to notify HMRC about a capital gains tax liability have doubled in the past two years, according to new figures – and experts have said this could be the “tip of the iceberg”. A ...
A taxpayer has written into a national newspaper, begging for help after the ordeal at the hands of the taxman.
It is widely expected that capital gains tax will make an appearance in next month’s Budget - but according to HMRC figures, hiking the tax could actually decrease revenues for the government.
Tax experts have warned that “tens of thousands” of people could fall foul of penalties this year after tech issues left HMRC’s online filing system unable to properly reflect the recent changes to ...