To mark Personal Tax Awareness Week at RG, during the month of July we challenged our tax specialists to explain a range of tax issues in bite size chunks.
Claire Charlton, Personal Tax Partner, Anthony Main, Director of Business and Personal Tax Planning and Gordon Wilkinson, Senior Manager in Personal Tax, were each given just 90 seconds to highlight the key points, challenges and opportunities in relation to:
- The 60-day capital gains tax reporting requirements that apply when you sell residential property.
- The benefits of using HMRC’s Let Property Campaign to regularise your tax affairs.
- How to deal with the tax affairs of deceased individuals and their estates, including tips and reminders of the tax obligations often overlooked by executors.
- Tax tips to help owners of holiday let properties reduce their annual tax liabilities and highlight opportunities to sell or pass on the properties tax efficiently.
Please click on the links below to watch the videos and see how they succeeded in their 90 second tax challenges.
Of course, their expert advice can also be provided with far more detail and bespoke to your circumstances, so please do not hesitate to contact the team on 0191 281 1292 if they can help.