Why Now is the Best Time to Do Your Will & Estate Planning
Making sure that your assets – property, belongings and capital – are protected by your will and estate planning can become a complicated process when tackling the many and varied tax laws regarding the issue of inheritance, especially where your estate features a diverse portfolio of assets such as property, shares and savings. Whilst the […]
Private Residence Relief When Selling Your Home
In most cases, when a person disposes of an asset in the UK, including both residential or commercial property, they will be liable to pay tax on any capital gains made on that disposal. However, under the private residence relief rules, a qualifying homeowner can often avoid paying Capital Gains Tax altogether when selling their […]
What are Preference Shares?
Preference shares hold status as a special class of share, affording specific advantages to those purchasing them. The following guide on preference shares looks at what these are, the different types, how these differ to ordinary shares, and how preference shares are treated in the event of bankruptcy. We also provide a useful summary of […]
Dormant Company Requirements
Even if a company is dormant, there are still a number of filing and reporting obligations that arise in relation to both HM Revenue and Customs (HMRC) and Companies House. As a business owner, it’s therefore important to know what these obligations are and when these arise, to ensure compliance at all times, regardless of […]