HMRC has asked that accountants and agents help contractors spot the signs of bad tax advice and understand their pay arrangements. That way, they can steer clear of tax avoidance schemes. “We’re encouraging tax agents and advisers, like you, to share this information with your clients. This includes personal stories and a short video for … Continue reading
If you are resident in the UK and you inherit a property overseas, you are liable to tax on any income you receive from it, for example, rental income. If you have a property overseas and sell it, you are liable to CGT on the gains. The rate you pay depends on your other UK-taxable … Continue reading