July 2016 Tax Tips & News - Wright Vigar
 In Blog

Welcome to July’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know.

Trivial benefits

HMRC guidance on senior accounting officers

Help-to-save consultation launched

FRS 102 guidance on directors’ loans revised

July Questions and Answers

Q1: My mother died last year and left my brother and me a commercial business unit. Probate is nearly complete now. If we sell the property in the future, what are the capital gains tax implications on the sale?

Q2: I have recently registered for VAT. I am not very good when it comes to administration and I have heard that the flat rate scheme might help me. How does the scheme work?

Q3: I have a part time job and I earn about £8,000 a year. As my earnings are less than the tax-free personal allowance, can I transfer the unused amount to my husband?

July Key Tax Dates

Recent Posts

Start typing and press Enter to search