Capital gains tax in 2020/21

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...

Self-assessment deadlines for 2018/19

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...

How to reduce inheritance 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...

Inheritance tax in 2019/20

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...