Capital Gains Tax changes impact on property investors In July 2020 the chancellor Rishi Sunak wrote to the office of tax simplification asking them to do a review on Capital Gains Tax (CGT). The consensus amongst property and tax experts is that CGT is likely to increase in 2021. This article will look specifically at […]
Read MoreProperty Investors Tax Update Rishi Sunak’s summer statement has great news for property investors tax. SDLT on residential property up to £500,000 in value will be scrapped till 31st March 2021. Residential Rates on Purchases from 8 July 2020 to 31 March 2021 You will only start to pay SDLT on residential property you purchase […]
Read MoreLandlord and Property Cloud Accountants Property cloud accountants Finance Equation Ltd are ProAdvisors with Xero and QuickBooks. Both of which are leaders in their field. We serve clients all over London, Essex, East London and beyond. Cloud accounting is the future. Over the coming years you are likely to see HMRC wanting more business to […]
Read MoreTax Havens and Tax Transparency Following from the Panama papers leak a number of EU countries and British crown dependencies (tax havens) have agreed to adopt a call for international tax transparency in an attempt to crackdown on tax evasion. Germany, France, Italy, Spain and the UK are part of this tax information sharing initiative.Tax […]
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