Sinclair Day

October 4, 2017

Self Assessment e-filing deadline

As existing Self-Assessment tax filers will be aware, the deadline for online submission of your 2016-17 Self Assessment tax return is 31 January 2018. This is also the date that the payment is due for the balance of any Self Assessment liability for
October 4, 2017

Landlords’ finance charges restrictions

The government’s move to restrict the tax relief landlords receive on finance charges started to take effect from April this year. This is the first year that finance charges are being restricted. The tax relief on mortgage costs used to buy
October 4, 2017

Christmas party and other social events

In a recent newsletter we looked at the tax implications of giving Christmas gifts to your staff and the complications that can arise. In this newsletter, we will take a look at the tax breaks available for staff Christmas party or similar annual
September 28, 2017

CGT annual tax-free allowances

There is an annual Capital Gains Tax (CGT) exemption for individuals (who live in the UK) as well as executors or personal representatives of a deceased person’s estate. The exemption is £11,100 for the 2017-18 tax year. A husband and wife each have