Gifts of land and buildings to charities

by | Nov 28, 2024 | HMRC notices

There are special rules in place for taxpayers who make gifts of land and buildings to charity. This can include Income Tax and Capital Gains Tax (CGT) relief provided all the necessary conditions are met. There are also reliefs available where taxpayers sell a...

Close company anti-avoidance measure

by | Nov 21, 2024 | HMRC notices

As part of the Autumn 2024 Budget measures, the government introduced new anti-avoidance provisions to prevent the abuse of the existing close company anti-avoidance rule. The measure will have effect for any tax avoidance arrangements falling within the scope of the...

Take goods with you to sell abroad

by | Oct 24, 2024 | HMRC notices

There are specific customs requirements for commercial goods that you take with you to sell abroad. You must declare any goods intended for sale outside the UK, whether they are in your baggage or a private vehicle. The regulations for commercial goods or samples...

Who qualifies for Tax-Free Childcare?

by | Oct 17, 2024 | HMRC notices

The Tax-Free Childcare (TFC) scheme helps working families manage childcare costs by providing support through a wide network of registered providers, including childminders, breakfast and after-school clubs, and approved play schemes across the UK. Parents can also...