Personal Tax Guidance

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Family tax planning

Our tax professionals have worked hard to deliver documentation on family tax planning in order for you to be confident you are giving your clients the most up to date information.
Latest Guidance
Personal_tax_img
28 Jun 2019

This guidance note explains the compliance issues you should be aware of in relation to an individual’s tax credit affairs.You should read the Recovery of overpaid tax...

Personal_tax_img7
28 Jun 2019

Anti-avoidance provisions exist to prevent taxpayers from abusing the generous principal private residence (PPR) relief provisions to avoid paying capital gains tax on...

Personal_tax_img
28 Jun 2019

When a claim is subject to the renewals process, the claim and amount awarded is finalised, and if necessary, adjusted according to the actual income of the year of...

Personal_tax_img
28 Jun 2019

A popular tax planning point is to transfer income-producing assets between spouses or civil partners where one pays income tax at a lower marginal rate than the other,...

Personal_tax_img2
28 Jun 2019

Household income for tax credits purposes is very similar to the taxable income of the claimant or the claimant couple. However, there are some key differences from the...

Personal_tax_img4
28 Jun 2019

A claimant(s) is entitled to make a claim for child tax credits (CTC) provided the child or qualifying young person ‘normally lives’ with them. SI 2002/2007, reg 3(1),...

Personal_tax_img4
28 Jun 2019

When tax credits were introduced in April 2003, the tax profession took the view that the tax credits system was something either to be embraced fully or avoided. The...

Personal_tax_img2
28 Jun 2019

Residence rulesTo be eligible for tax credits, the individual must usually live in the UK ― that is England, Scotland, Wales or Northern Ireland. The UK does not include...

Personal_tax_img7
28 Jun 2019

The payment of tax credits is based not just on the income of the household but also the circumstances of those people included in a tax credit award notice. This...

Personal_tax_img3
28 Jun 2019

A claimant is entitled to make a claim for working tax credit (WTC) provided he satisfies the conditions of being in qualifying remunerative work and is physically...

Latest Guidance
Personal_tax_img
Personal Tax

This guidance note explains the compliance issues you should be aware of in relation to an individual’s tax credit affairs.You should read the Recovery of overpaid tax...

Personal_tax_img7
Personal Tax

Anti-avoidance provisions exist to prevent taxpayers from abusing the generous principal private residence (PPR) relief provisions to avoid paying capital gains tax on...

Personal_tax_img
Personal Tax

When a claim is subject to the renewals process, the claim and amount awarded is finalised, and if necessary, adjusted according to the actual income of the year of...

Personal_tax_img
Personal Tax

A popular tax planning point is to transfer income-producing assets between spouses or civil partners where one pays income tax at a lower marginal rate than the other,...

Personal_tax_img2
Personal Tax

Household income for tax credits purposes is very similar to the taxable income of the claimant or the claimant couple. However, there are some key differences from the...

Personal_tax_img4
Personal Tax

A claimant(s) is entitled to make a claim for child tax credits (CTC) provided the child or qualifying young person ‘normally lives’ with them. SI 2002/2007, reg 3(1),...

Personal_tax_img4
Personal Tax

When tax credits were introduced in April 2003, the tax profession took the view that the tax credits system was something either to be embraced fully or avoided. The...

Personal_tax_img2
Personal Tax

Residence rulesTo be eligible for tax credits, the individual must usually live in the UK ― that is England, Scotland, Wales or Northern Ireland. The UK does not include...

Personal_tax_img7
Personal Tax

The payment of tax credits is based not just on the income of the household but also the circumstances of those people included in a tax credit award notice. This...

Personal_tax_img3
Personal Tax

A claimant is entitled to make a claim for working tax credit (WTC) provided he satisfies the conditions of being in qualifying remunerative work and is physically...