Mark Harris, chief executive of mortgage broker SPF Private Clients, said: “Transaction numbers have slipped again in the face ofhigher interest rates and the cost of living, as borrowers reassess what they can afford to pay. “Encouragingly, the direction of travel for newmortgage ra...
Trusts are considered to be taxable if the trustees have a liability to income tax, capital gains tax, inheritance tax, stamp duty land tax (SDLT - England and Northern Ireland), land and buildings transaction tax (Scotland), land transaction tax (Wales) or stamp duty reserve tax. U...
HMRC operates a range of digital services to support taxpayers, including the online tax return system, a digital tax account system and various online calculators and tools. The department also operates a number of compliance and enforcement measures to deter and punish tax evasion and other forms...
Inheritance Tax: If the total value of gifts given by an individual within seven years before their death exceeds the Inheritance Tax threshold (£325,000), Inheritance Tax may be due, including on cryptocurrency. Lost or Stolen Cryptoassets Potentially Tax Deductable Losing access to cryptoassets...