UHY Ross Brooke Chartered Accountants

Tag: cgt

Tax card – rates for 2022-2023

Download our handy tax card which shows the latest tax rates for the taxes we are asked most about. Any questions? Please contact us about the April tax changes. We can provide a full tax review which will help identify possible tax savings.

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couple paying tax

Taxation for couples

By Tom Annat It may surprise some readers to learn that independent taxation was not introduced until 1990. Up until that point, a married woman’s income was considered part of her husband’s for tax purposes. Thankfully, progress has been made since then and husbands and wives are now taxed separately.

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accountants green arrows

UK’s CGT bills hit record £12.9bn – up 20% in just a year

By Phil Kinzett-Evans The UK’s Capital Gains Tax bills jumped 20% from £10.8bn to a record high of £12.9bn in the past year*. The increase is due to a rise in tax on entrepreneurs selling businesses. HMRC increases tax take from entrepreneurs selling businesses Buy-to-let landlords take profits amid hot

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NFT specialist accountant

Making a killing on NFTs?

That’s great news for you, but now the taxman is interested too. Crypto and DeFi investors are increasingly investing in Non-Fungible Tokens or NFTs, having started the trend now being promoted by sports stars and A listers. As a consequence, we are seeing increasing numbers of clients who have traded

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HMRC letter and coins

Paying too much tax?

The costs of keeping the country running through Covid were huge and inflation is expected to add to the country’s debt. The Office for Budget Responsibility has indicated that the treasury will need to find £45bn in interest, before even thinking about paying off the debt itself. As taxpayers we

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crypto specialist accountants

Crypto Day Trading – Putting the record straight

Day traders in crypto assets should already be mindful of the high risk and the possibility of losses, but may not be aware of the tax liabilities also being incurred on profits. An added risk to your whole crypto adventure is the potential of a tax investigation by HMRC or

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