Archive for September 2026
SPOTLIGHT ON: Capital Gains Tax
Capital Gains Tax can arise in more situations than simply selling an investment for a profit. Giving an asset to a family member, transferring ownership, exchanging one investment for another or selling something for less than its full value can all count as disposals for Capital Gains Tax purposes. The tax is charged on the…
Read MoreSPOTLIGHT ON: Late-payment rules and cashflow protection for SMEs
Late payment can turn a profitable sale into a cashflow problem. A business may have completed the work, paid its employees and suppliers, and accounted for tax before the customer settles the invoice. The scale of the problem remains significant. Research commissioned by the Department for Business and Trade and the Office of the Small…
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