Taxes

Income Tax

A large chunk of your earnings disappears in tax, We offer an introduction to how the tax collection system works.

Capital Gains / Inheritance Tax

Capital Gains Tax (CGT) is a levy which may need to be paid when you sell certain assets, including property, shares or other investments such as antiques, art and cars.

VAT

Value Added Tax (VAT) is levied on most business transactions and on many goods and some services. We explain how VAT works and who has to pay it.

Students and Tax

Students need all the money they can get their hands on - and one of the easiest ways students can waste money is by paying too much tax. While students do not get preferential treatment under the tax system, not all their income is taxable. We offer some guidance on the rules.

Inheritance Planning

Inheritance planning might seem unnecessary if you're still decades off retirement, but it is a prudent move - particularly when you consider that if you don't make any alternative provision for your assets, the government could get the lot.

Wills and Probate

We explain the rules governing inheritance and what happens to your possessions if your die without making a will.

Tax Increases

There are many ways in which you as an individual could trim your tax bill. Usually, the steps you need to take are straightforward merely involve claiming what you are entitled to.

Self Assessment

The great overriding tip is to treat filling in the tax return like you would an exam paper: read the questions properly.