Capital gains simplification on the cards for divorce settlements
From 6 April 2023, new legislation is set to simplify tax on divorce with a proposed three-year increase to the CGT-free period after the tax year of separation.
From 6 April 2023, new legislation is set to simplify tax on divorce with a proposed three-year increase to the CGT-free period after the tax year of separation.
If you want this tax year’s ISA to save income tax, capital gains and inheritance tax, then maybe it’s time you consider an AIM ISA?
The future of two personal taxes – inheritance and capital gains – has been clarified, with no major changes to be made to either, so now you have no excuse to delay estate and CGT planning.
With Christmas and New Year now over, it’s time to think about tax year-end planning.
New HMRC data shows that in 2019/20, £9.9 billion of capital gains tax (CGT) liabilities were created.
An early 3 March Budget means the time is now to consider your tax position.
A recent report could herald changes to capital gains tax.
Do you know how many people pay CGT in the UK? HMRC has released some revealing research.
The Chancellor has asked the Office of Tax Simplification to review capital gains tax.
The next Budget could affect pensions, capital gains tax & ISAs. Make sure your year end tax planning is complete before they are announced.