Trusts

Trusts are separate persons for UK tax purposes and have specific rules for all the main taxes. There are also a range of anti-avoidance measures aimed at preventing exploitation of potential tax benefits. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation advice to help you utilise trusts as…

Land Transaction Tax

Land Transaction Tax is payable by the purchaser in a land transaction which occurs in Wales. At Proactive Accounting, we can provide guidance on Land Transaction Tax in the Co. Antrim area. Land Transaction Tax (LTT) is payable by the purchaser of property in Wales. Who pays the tax? LTT is payable by the purchaser…

Capital gains tax

We consider the taxation of capital gains and outline the reliefs available. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation advice to ensure that maximum opportunity is taken of the reliefs available for capital gains tax. A capital gain arises when certain capital (or ‘chargeable’) assets are sold…