Dividends received from shares held in UK companies form part of a tax-payers self-assessment. The payments are made by the paying company without any deduction of tax and therefore the amount received is the sum that needs to be declared. Dividends are paid out of…
Month: March 2019
Brexit , no end in sight
On the 12 March the government updated its advice to traders with the EU. The advice assumes a no-deal outcome. On the basis that being prepared for the worst possible outcome, and a no-deal result is universally accepted to be a disaster for UK businesses,…
Pension shakeup
The past week, and who knows for how long into the future, has been a crazy week for politics in the UK. Brexit is challenging the way manage our democracy and it will be interesting to see how matters are resolved to observe the results…
No tax when you sell your home?
The private residence relief allows you to sell your home without paying any capital gains tax (CGT) on the profit you make on the sale. If only life was that simple. Unfortunately, there are occasions when CGT may be payable. For example, if part of…