Howlader & Co Blog
22nd August 2017
If you are a non-resident individual, company or trust and you have disposed of a residential property in the UK on or after 6 April 2015, you will need to report that disposal for the purposes of non-resident capital gains tax (NRCGT).
The deadline for reporting the disposal is 30 days from the date of completion. This is taken as the
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16th August 2017
One of the questions that we are asked most often by those entering the world of self employment is “what costs can I claim as an expense?” Well, with the deadline for filing Self Assessment personal tax returns edging that little bit closer with each passing week, we thought now would be a good time to recap the answer
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14th August 2017
A restriction on the amount of tax relief that landlords can claim on finance costs (e.g. mortgage interest payments) began to be phased in from 6 April 2017. It is the latest change to target beleaguered Buy-To-Let landlords, who have also seen the lending market halve in the last year (figures from Nationwide Building Society). It is therefore no
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31st July 2017
Some employers have reportedly been caught out after spending £58 on ‘Certificates of Auto Enrolment Exemption’ that are actually a scam.
The appeal of the certificates is that, for a relatively small fee, the employer is told they will be exempt from any and all Auto Enrolment duties. However, such an exemption does not exist for (almost) all employers. Therefore as
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11th July 2017
A new tax-free childcare scheme has been introduced this year allowing around 2 million households to reduce the cost of childcare, including self-employed parents.
How does the new scheme work?
Parents with children under 12 years old can open an online account and pay in the amounts they would like for childcare provided by a registered childcare provider.
For every 80p that is
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16th May 2017
Remember the last time you had an interesting conversation about tax? No, us neither – and we’re accountants! But once in a blue moon even taxes can raise a chuckle.
In an attempt to prove taxes can – very occasionally – be fun, we’ve put together a list of the 80 weirdest taxes past and present from around the world.
From a
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7th April 2017
Update: As of 21st April 2017, these changes have been cancelled, as the government will not be able to introduce them before the General Election 2017. We expect that, in the event of a Conservative government being elected, these changes would be reintroduced soon after the election.
The Government has announced broad changes in probate fees depending on the
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5th April 2017
Enterprise Management Incentives (EMIs) are an approved tax-advantaged employee share scheme allowing employers to grant share options to employees, most of the time as a reward for their efforts. It is designed for small companies and is not to be confused with the Enterprise Investment Scheme (EIS), where investors receive tax relief on their investment to small companies.
What are the
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8th March 2017
As a child I often struggled to fall asleep on Christmas Eve owing to the excitement of the day that followed. As an accountant, that night was last night, the day before the new Budget was to be delivered… ok, so that last part may not be true, but a new Budget often yields some interesting changes to the UK
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21st February 2017
Is your foreign income taxable in the UK? Whether or not you should declare and pay UK tax on your income earned abroad depends not only on which country you have ‘residence’ status in but also on your ‘domicile’ status.
If you are unsure of your UK residence status – that is, whether you are a UK resident or not
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