Sep 30, 2026 | CGT, Income Tax, Liability, Penalties, Tax
Making “reckless untrue statements or declarations” about direct taxes, such as income tax or capital gains tax, could become a crime if the Government pushes ahead with plans outlined in a recent consultation, which closed on August 16. The Government... 
Jan 30, 2026 | Capital Gains Tax, CGT, HMRC, Investments, Self-Assessment
Taxpayers with capital gains liabilities that they need to declare in their self-assessment tax return need to take extra care this year to avoid receiving a penalty from HMRC. Changes made to the Capital Gains Tax (CGT) rates part-way through the 2024/25 tax year... 
Aug 26, 2025 | Capital Gains Tax, CGT, HMRC, Self-Assessment, Tax
Self-assessment taxpayers who have submitted their 2024/25 tax return are now being sent letters by HMRC as they may not have applied the correct rate of Capital Gains Tax (CGT) on disposals after October 30, 2024. The main rates of CGT on the disposal of assets,... 
Apr 29, 2025 | Capital Gains Tax, CGT, HMRC, Tax
Anyone making disposals of assets on or after October 30, 2024, will need to take some extra steps to calculate any Capital Gains Tax (CGT) due. The extra steps, which will affect individuals, trustees and personal representatives, have resulted from the...