Tel: 07712 856364
Email: jon@proactive-accounting.com
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…
A valuable relief exists on the sale of the family home but in certain situations careful planning is required to ensure that the relief is obtained. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation advice to ensure that maximum opportunity is taken of principal private residence relief. The…
Inheritance tax is often called a voluntary tax in that, with planning, the payment of inheritance can be avoided. It is a tax levied on a person’s estate when they die and on certain gifts made during an individual’s lifetime. If you live in the Co. Antrim area we, at Proactive Accounting, can provide taxation…
Making a Will is one of the most fundamental aspects of estate planning, yet many people do not appreciate its importance. At Proactive Accounting we have experience in many aspects of estate planning, and can advise people in the Co. Antrim area on strategies to help minimise the tax bill. It is an essential means…
Land and Building Transaction Tax (LBTT) is payable by the purchaser in a land transaction which occurs in Scotland. At Proactive Accounting, we can provide guidance on LBTT in the Co. Antrim area. Who pays the tax? LBTT is payable by the purchaser in a land transaction occurring in Scotland. Stamp Duty Land Tax (SDLT)…
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…
Stamp Duty Land Tax is payable by the purchaser in a land transaction which includes a simple conveyance of land such as buying a house but also creating a lease or assigning a lease. If you are considering property investment or acquiring a lease on a commercial property in the Co. Antrim area we, at…
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…
Electric Car Tax Breaks With the price of fuel flying through the roof and the government’s approach to levying extremely high levels of tax on company cars provided as a benefit in kind, many business owners are looking at electric vehicles as a strong alternative to traditional cars or pickups. The tax benefits are strong…
Under pressure from their members our professional bodies have finally broke their silence on HMRC’s poor service. All of the major accounting regulators have issued a full letter to HMRC calling the organization out over the absolute collapse in their service levels since 2020. “We are under considerable pressure from our members to demonstrate…