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How are dividends taxed?

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. … Continue reading

Posted in Business

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 … Continue reading

Posted in Business

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 … Continue reading

Posted in Business

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. … Continue reading

Posted in Business

Spring Statement 13 March 2019

The following comments were written on the 13th March 2019 immediately following Philip Hammond’s presentation of the 2019 Spring Statement to Parliament. In theory, the Government uses the Spring Statement to respond to the most recent forecasts made by the … Continue reading

Posted in Business