Category: Tax advisory

Incorporation of property business – information for buy-to-let investors


Many landlords and property investors consider owning their property portfolios through a limited company rather than owning the properties personally. There is no single ‘right way’ for landlords and property investors to own buy-to-let properties.…

Tax efficient profit extraction for business owners


You’ve worked hard to set up your business and things are going well. You want to reward yourself for your efforts. But how do you take money out of your business in a way that…

Residential property sellers face more tax changes


Changes to the capital gains tax regime on the disposal of residential property could increase your tax liability and reduce the time you have available to pay it. Sales of residential property that complete on…

Tax rates and allowances 2019/20


Keep an eye on current tax rates and available reliefs with our handy tax card. To view our 2019/20 tax card please follow the below link: Tax rates 2019/20

New expertise in our personal tax team


We are delighted to announce three new joiners to the WMT Personal Tax Team. Ben Crowley and Michelle Miles both joined during the busy tax return season, with Emma Twynholm joining more recently to support…

End of year tax planning 2018/19


With the self-assessment tax return deadline behind us and the end of the tax year fast approaching, now is the perfect time to review your tax efficiency for the past year and plan for the…

Spring statement 2019 – how does it affect you?


A low-key statement amidst Brexit uncertainty Under normal circumstances the Chancellor’s annual spring statement would have dominated headlines. But amidst the Brexit votes of the day and being so close to the date Britain is…

2019 Spring Statement Highlights


Today Chancellor Philip Hammond presented his last Spring Statement before Britain is due to leave the EU. As expected, there was little in the announcement regarding tax changes for businesses or individuals. There was however…

More tax changes for non-resident UK property owners


Non-resident individuals and non-resident companies and their shareholders face a raft of new changes that will bring nearly all UK property – whether residential or commercial, held personally or indirectly, such as via limited company…