Key Person insurance and Shareholder Protection policies?

Protection insurance is vital for your business and family, and in our six page FREE REPORT we explain the tax position on the most common forms of protection insurance If you'd like your FREE copy of the report, just email us on info@riverviewportfolio.co.uk and use the words "Free report on...

The weird excuses for missing tax return filing date

It’s time for the weird excuses again … the bizarre reasons for not submitting your tax return on time, and for spurious claims to tax relief Every year, HMRC receives imaginative excuses and expense claims following the 31 January self assessment deadline from out of control guard dogs to a...

What company structure for property investments, PLO’s and R2R

Currently, when a UK resident incurs a CGT liability on the disposal of residential property, the gain is reported within on their annual self-assessment tax return and the taxes due are paid by 31 January following the end of the tax year in which the disposal was made. From 6...

Penalties for failing to file and pay your taxes

There are many reasons why a tax return might be filed late, and the taxes not paid on time, but there are penalties LATE RETURN PENALTIES The late return penalties are structured as follows: -a £100 fixed penalty which arises regardless of whether any tax is actually due or unpaid...

Pay CGT on property in 30 days

Currently, when a UK resident incurs a CGT liability on the disposal of residential property, the gain is reported within on their annual self-assessment tax return and the taxes due are paid by 31 January following the end of the tax year in which the disposal was made. From 6...

Property traders gaoled for eight years – how not to be a property entrepreneur

Property pair jailed for £1m tax fraudTwo men who bought and sold over 50 properties but failed to pay nearly £1m in tax, have been jailed for more than eight years following an HMRC investigation.Madhu Bhajanehatti, of London and Himat Chana, from Ilford, Essex, sold dozens of properties over an...