HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
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Government plans to change the capital gains tax (CGT) relief regime on private residences by halving the period for main residence exemption have been heavily criticised for displaying inconsistencies with the rules on stamp duty land tax (SDLT), and for a lack of communication to those affected.
Finance Bill 2019-20 confirmed a tightening of private residence relief (PRR), reducing the final period exemption from 18 months to nine months.
Read more at the Accountancy Daily.