30 September

Restricting Finance Cost Relief for Individual Landlords

Policy objective The government have begun the restriction on the amount of Income Tax relief landlords can get on residential property finance costs, such as mortgage interest, to the basic rate of tax. This is due to their belief that this method will make for a fairer tax system. This will ensure that landlords with […]

23 September

Enterprise Investment Scheme (EIS)

Within this newsletter we inform you on what an Enterprise Investment Scheme is, who they affect and whether you are eligible to utilise them.   EIS provides the investors with a tax relief on their investment and has been made available by the government to aid growth. The investors receive a tax relief for the […]

16 September

HMRC Deadline for Declaring Offshore Assets is Approaching

The deadline to declare under the Requirement to Correct (RTC) legislation is fast approaching. RTC is the statutory obligation for UK taxpayers with overseas assets to correct any issues with their historic UK tax position. Those who fail to comply by 30th September 2018 face potentially severe financial penalties. RTC applies to any taxpayer with […]