In the digital age, the UK tax system is evolving to become more efficient, effective, and taxpayer-friendly. Making Tax Digital (MTD) is at the forefront of this transformation, aimed at positioning HMRC as a global leader in digital tax administration. But what exactly is MTD, and how does it impact businesses? Let’s explore this digital […]
Firstly property returns are made by way of income (rentals and trading) and/or capital gains. This article will focus on the capital gains considerations for an individual residential property investor, post 5th April 2018. Property gains are calculated by deducting the capital costs from the value of the disposal. The disposal is normally by sale […]