Tax changes for 2020/21

It’s hard to believe we’re a month into the 2020/21 tax year, given the volume of calls we’re fielding about the furlough scheme. Coronavirus continues to wreak havoc in the UK, both medically and with the economy. The effects of the latter could be felt for the next...

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...