Author Archives: Asif Zubair

Let Property Campaign

let property campaign form with pen and glasses

What is Let Property Campaign? HMRC’s Let Property Campaign gives an opportunity to landlords to bring their tax affairs up to date.Let property campaign is basically for the property landlords who have failed to disclose rental income. Let property campaign:A Voluntary disclosure: The landlords are supposed to tell HM Revenue and Customs (HMRC) about the […]

IR35 Reforms: HMRC’s Announcement

worried contractor

IR35 self-employed tax reforms may damage the U.K’s economy   HM Revenue and Customs announced a slight delay to IR35 off-payroll working rule reforms. What is IR35? IR35 refers to the United Kingdom’s anti-avoidance tax legislation designed to tax disguised employment at a rate similar to employment. IR35 self-employed tax changes will come into effect […]

Survey Reveals English Football Leagues under liquidity crisis

BDO has recently revealed the football finance directors report for the year 2019. This accountancy firm interviewed the football finance directors to better understand the financial health and operations of football clubs across the English football leagues. This report also gives an insight into the top priorities and concerns of these football clubs. Moreover, the […]

Record Capital Gain Tax Collected From Tax Payers in 2017-18

capital gain tax

Capital gains tax revenue hit a record new high of £8.8bn for the 2017-18 tax year, as 281,000 taxpayers paid a bill for selling valuables. Revenue from capital gains tax (CGT) increased 14% compared with 2016-17. The bulk of the bill was paid by high earners who made gains of £1m or more, though these […]

Northampton accountant jailed for swindling superstars with £3.5m

An accountant from Northampton who confessed deceiving renowned names, including singer Rita Ora and rugby player matt Davison, out of more than three million pounds is now behind bars. Andrew Munday, from Northamptonshire, used the money to buy luxury houses, watches and an executive lounge membership at Tottenham Hotspur football club. He previously pleaded guilty […]

New deemed domicile rules for inheritance tax

New deemed domicile rules for inheritance tax Date: 07/02/2018 HMRC has published a guidance detailing new deemed domicile rules for inheritance tax (IHT). The new rules will apply from 6 April 2017. Guidance also include changes to the number of years of residence needed in the UK for deemed domicile rules to apply and the […]

Canada plans to introduce tax on cannabis

Canada plans to introduce tax on cannabis Date: 30/10/2017 According to a recently released report from Marijuana Business Daily titled “Marijuana Business Factbook 2017,” the U.S. legal cannabis industry is expected to grow by about 30% in 2017, 45% the following year, and an aggregate of 300% between 2016 and 2021. Overall, we’re talking about […]

Can government policy on the UK property market damage the economy?

CAN GOVERNMENT POLICY ON THE UK PROPERTY MARKET DAMAGE THE ECONOMY? Date: 30/10/2017 CAN GOVERNMENT POLICY ON THE UK PROPERTY MARKET DAMAGE THE ECONOMY? By Godwin OkriIt has long been a settled argument amongst free-market economists that a liberated market is a flourishing market. This is why some economists wince each time they read about […]

Job Opportunity

Job Opportunity Date: 18/06/2014 One of our clients is looking for a friendly, positive and approachable Shop Manager for Leeds branch of a big nationwide franchise of cakes and related items. Main Duties: To manage the day-to-day provision of cake designs and to exceed customers’ expectations. To develop the business and sales opportunities where possible. […]