by Stapletons | Feb 3, 2020 | Personal finances, Tax
Capital gains tax kicks in when you profit from the sale of something you own, usually property, shares or possessions. The key point to remember is that this tax applies on the profit you make from the sale, not how much you sold it for. What you pay usually depends... by Stapletons | Jan 6, 2020 | Personal finances, Tax
Completing your 2018/19 online tax return through self-assessment may not have been your top priority over the Christmas period. While you may have been tucking into your turkey dinner, however, 12,257 filed their tax returns on either Christmas Day or Boxing Day.... by Stapletons | Oct 3, 2019 | Personal finances, Tax
Self-assessment season always kicks off at Stapletons as soon as the new tax year gets under way on 6 April. While it’s our preference to sort tax returns for our clients as early as possible, a raft of relevant self-assessment deadlines are almost upon us. This... by Stapletons | Aug 5, 2019 | Personal finances, Tax
Only around 5% of estates in the UK are liable for inheritance tax before being distributed to any beneficiaries or causes. That may sound like very few, but it should have been a key consideration for around 24,500 estates that had it deducted in 2015/16. Those... by Stapletons | Jun 3, 2019 | Personal finances, Tax
Around one in 20 residential properties in Devon are classed by the Government as second homes, with the majority of those let out to holidaymakers. Some Devonians recognise the benefits second homes have on the local economy, while others want to prevent them driving... by Stapletons | Dec 3, 2018 | Personal finances, Tax
Inheritance tax has been the subject of much conjecture, with overhauls suggested in the lead-up to almost every recent Budget. Various chancellors have so far resisted temptation to tinker with the inheritance tax system, although it seems likely the winds of change...