Your Self Assessment tax return can be complicated, especially when you consider the impact Covid and business support grants have had on your profits.
Our tax team take a look at the latest Capital Gains Tax (CGT) figures published by HMRC and consider what the future holds for the tax.
A summary of the Government’s response to the recommendations made by the Office of Tax Simplification Capital Gains Tax Review
You can find a summary of the Autumn Budget 2021 here, together with details of the tax rates effective from April 2022.
Government releases draft legislation on Residential Property Developer Tax for technical consultation. Clarifies definitions of residential property and associated activities.