The Gift of Property: Understanding CGT and IHT

The Gamble of the Gift of Property: CGT, IHT or Both? (2024/25 Edition) When considering the gift of property under the UK tax rules for 2024/25, many people underestimate the latest changes. Passing a property to loved ones is more than just a legal deed—it has both...

First-time buyer relief for SDLT – investment property trap!

Local accountants and tax advisers, Trueman Brown, advise local taxpayers that if you’re a first-time buyer it is often the case that you don’t need to pay Stamp Duty, provided the purchase amount falls below certain thresholds. However, there is a sting in the tail...

Corporation tax increases soon to take effect

Local accountants and tax advisers, Trueman Brown, warn local businesses that corporation tax is being reformed and companies with profits of more than £50,000 will pay corporation tax at a higher rate than they do now. While the changes do not come into effect for a...

Tax Benefits for Hiring Ex-Military Personnel UK 2025/26

Tax Benefits for Hiring Ex-Military Personnel UK: 2025/26 Employer Guide Employers across the UK can access tax benefits for hiring ex-military personnel under HMRC’s continuing initiative. This relief provides National Insurance savings for businesses that employ...

Using the capital gains tax land and buildings toolkit

Local accountants and tax advisers, Trueman Brown, advise local property owners that HMRC produce various toolkits highlighting common errors in self-assessment tax returns, including one for land and building, to avoid mistakes. As the name suggests, the capital...