UK Tax Blog

UK & Offshore Tax Planning Blog

Tax if you transfer a website into a childs name

Anyone considering transferring a website into a child's name should be aware of the tax consequences. Firstly it will be a disposal for capital gains tax purposes. Therefore you should obtain some value of the website name. Of course if there is no…

Non UK domiciled employees and the £30,000 tax charge

Many Non UK domiciliaries come to the UK to work -- what impact do the new remittance tax rules have on them? Well in most cases the new rules will have no effect on them. If they perform their duties of employment in the UK they will be subject to…

Holiday lettings to qualify for new tax relief

Furnished holiday lets are to qualify for the latest capital gains tax relief. Entrepreneurs relief will apply from April 2008, and will carry on where business taper relief left off. Private lettings won't qualify but furnished holiday lets will…

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