A short summary of the first and second reports on the Capital Gains Tax Review published by the Office of Tax Simplification and the outlook for CGT from our tax team.
Capital Gains Tax Review – Second Report
read more
Capital Gains Tax
Capital Gains Tax
Capital Gains Tax speculation
Conspicuous by its absence in the Budget, speculation continues on the possible changes ahead for Capital Gains Tax. What has the Office of Tax Simplification recommended so far?
Tax Changes Ahead?
Following Rishi Sunak’s economic statement to the House of Commons on 11 Jan 2021, Craig Simpson, tax partner at Bates Weston, looks at the tax changes that may be ahead in the Budget on 3 March 2021.
Capital Gains Tax overhaul expected following Capital Gains Tax Review
Craig Simpson , Tax partner at Bates Weston, looks at the recommendations made by the OTS’ first report on the Capital Gains Tax review requested by the Chancellor.
Keep a watchful eye on trading status
In part 7 of our Tax Planning Guide series, Cassandra Graham, Senior Tax Manager at Bates Weston urges us to keep a watchful eye on trading status, as the tax implications are significant.
Capital Gains Tax Review – is an increase on the way?
Craig Simpson, Tax Partner at Bates Weston considers whether an increase in Capital Gains Tax is on the way, following the Chancellor’s request for a review of Capital Gains Tax in a letter to the Office for Tax Simplification.
CGT due within 30 days of completion on residential sales
From April 2020 when you sell your home, if CGT (Capital Gains Tax) is due, you will need to calculate and pay it within 30 days of completion.
Private Residence Relief Changes
Private Residence Relief changes from April 2020. Understand the capital gains tax implications when you sell your home.
Looking to grow? Take the next step
From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.