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April 2018

Determine your main residence

Most people know that you do not pay Capital Gains Tax when you sell your main residence because you automatically qualify for a tax relief called Private Residence Relief.

Tax Diary May

May is a very busy time in the tax calendar, with critical filing dates.

Payments in lieu of notice

Up to 5 April 2018, certain payments in lieu of notice were not taxable, primarily, those not contractually required to be made.

Location is everything

Now that Wales and Scotland have devolved powers for taxation purposes, residents that live and work in the border areas with England have more planning options.

How long should you keep your records?

If you are self-employed, and obliged to submit a self-assessment tax return, you must keep your tax records for at least five years after the 31 January submission deadline of the relevant tax year.

Moore Business of the Year Award

The South Wilts Business Of The Awards were launched back in 2000 and since then has recognised literally 100’s of local companies for delivering business excellence across South Wiltshire. The judging panel is made up of the actual award sponsors all of whom are experts in their field, they bring a great deal of depth to the judging process and give freely of their time to visit EVERY SINGLE entrant to these awards. 

Isle of Wight residents hit with fake HMRC telephone scam

A number of Isle of Wight residents’ landline numbers have been targeted in a HMRC telephone scam and this has now led to police issuing a warning to all residents on the Isle of Wight.