One of the most often used and valuable of the capital gains tax (CGT) exemptions concerns the sale of the family home.

The tax which rings the end of financial viability for many South African trusts is now only two months away, with the effective date being 28 February 2018.

As a general rule, someone who inherits property, money or shares is not liable to pay tax on the inheritance.

We have some important news about your online tax return before you head off on your Christmas holiday.

As part of the Budget measures, the Chancellor announced that the indexation allowance for companies that make capital gains is to be scrapped.

The biggest prize from the recent Budget went to first-time home buyers after the Chancellor announced changes to the Stamp Duty Land Tax (SDLT) rules.

A new measure to tackle disguised remuneration tax avoidance schemes was announced as part of the Autumn Statement 2016.

This may come as a surprising fact to many of our readers, but a will can be changed after death.

Experts are warning of a ‘serious brain drain’ coming our way

Their failings. Our expense.

There are special rules that govern how assets are divided if a person dies without making a will.

In a recent newsletter, we looked at the tax implications of giving Christmas gifts to your staff and the complications that can arise. 

South Africans know SARS has a lot of issues. But, did you know that they also go after you for a hefty amount of 49 cents?

The author of The President’s Keepers just keeps hitting this mob with revelation after revelation

From April 2015 the government introduced a capital gains tax (CGT) charge on the sale of UK residential properties by non-UK residents.

There’s trouble in paradise…

Significant changes to the UK’s data protection regime will be made next May when the EU General Data Protection Regulation (GDPR) comes into force.

Yet another allegation of corruption in the President’s name.

Companies, or certain corporate entities, which own a UK residential dwelling (i.e. enveloped dwelling) valued over £500,000 fall within the Annual Tax on Enveloped Dwellings (ATED) regime.

One of our charity clients has significantly boosted their annual Gift Aid tax refunds from HMRC by over £8,000 a year using the Gift Aid Small Donation Scheme or GASDS.

Hands up if you’ve received a return…

HMRC has updated their online guidance to confirm that the Second Incomes Campaign for individuals with undeclared income from a supplementary income stream has been withdrawn.

Entrepreneurs’ Relief applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership.

Most VAT registered businesses are entitled to reclaim the VAT they incur on goods and services used by the business. This is known as input VAT.

Common sense has prevailed for South Africans who work in a foreign country