Is your area a Capital Gains Tax hotspot – how hard will it be hit by the Budget?
With a rise in the Capital Gains Tax (CGT) rate anticipated in the October Budget, data provided by HMRC shows that residents in Wimbledon, Guildford, and Cranleigh are likely to face substantial increases in their tax bills.
Rush of gift-giving ahead of anticipated Budget Inheritance Tax rise – five key things you need to know
Amid a rush of gift-giving ahead of an expected rise in Inheritance Tax (IHT) in the upcoming October Budget, here are five important things to consider when giving gifts. Tips for giving gifts ahead of the Budget: No limit on tax-exempt gifts from unused income Currently, there is no limit on how much you can give […]
October Budget: What steps should you take now to hedge against higher bills on Inheritance and Capital Gains Tax?
With the Government expected to increase taxes in the next Budget on October 30, in this article we’ll be exploring the potential changes to the tax rules that you should consider planning for. While the Government has committed to not increasing income tax, national insurance, or VAT, significant changes to both Capital Gains Tax (CGT) […]