by Neil Da Costa | Aug 9, 2022 | Uncategorized
Are you feeling discouraged with your lack of progress in life? Do you feel that the obstacles you face are too much to bear? Many of us feel this way. Why not listen to Chengai’s story? She is one of our Kaplan success stories and an amazing person. Listen to her...
by Neil Da Costa | Aug 8, 2022 | Uncategorized
One aspect I felt many tax students neglect is the IHT death estate. You need to put all assets into the death estate including exempt assets for CGT. Deduct any agricultural property relief on farms (100%) and business property relief (100%) on unquoted shares....
by Neil Da Costa | Aug 7, 2022 | Uncategorized
One area I expect will feature in September’s Advanced Tax and Tax exams is overseas aspects for individuals. You need to learn the automatic residency statutory tests Automatically non-resident if in the UK for less than 16 days (leavers), less than 46 days...
by Neil Da Costa | Aug 3, 2022 | Uncategorized
The pandemic provided the once-in-a-lifetime opportunity for people to evaluate their working lives and the time to dabble in cryptocurrency. In the UK, crypto is a chargeable asset and the gains are taxed as your top slice of income. However, the first £12,300 of...
by Neil Da Costa | Aug 1, 2022 | Uncategorized
Will the REAL Slim-Tax Shady please stand up? As Conservatives prepare to vote in our next Prime Minister, the key issue is tax cuts. Rishi has increased the tax burden for families to the highest level it has been in 70 years. This alongside with record inflation has...
by Neil Da Costa | Jul 29, 2022 | Uncategorized
In order to encourage innovation in the UK, HMRC offers SMEs an extra 130% deduction on R&D revenue expenditure including staff costs, materials, software, utilities, and 65% of subcontractor costs.SMEs have less than 500 employees and a turnover of fewer than 10...
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