Terry Smith, Author at Haggards Crowther

Capital Gains Tax in Focus and Ways to Lower Your Liability

Capital Gains Tax (CGT) is back in the spotlight, and for many of our clients, it can be a significant expense. With the Autumn Budget coming up on 26th November, there’s plenty of speculation about potential reforms. Recent reports in The Times suggest that the government may look to remove...

Inheritance Tax: What It Is, How To Calculate It, When To Pay It

From Capital Gains Tax to Income Tax, there is a range of...

Moving Abroad? Understand Your UK Tax Obligations Before You Go

Starting a new chapter overseas can bring exciting opportunities, a different pace...

Planning Ahead: Inheritance Tax and Property in the UK

Inheritance tax rarely crosses our minds until the moment it hits hard. ...

Surrendering Losses for R&D

If your company is in a tax loss position (as per the tax computation), you may be considering surrendering losses...

Top 10 Ways High Earners Can Reduce Their Tax Bill in the UK

Tax planning is an important aspect of financial management, allowing you to use all available tax reliefs and deductions to...

Making Tax Digital (MTD) for Income Tax – Have You Got it Right?

In this blog, we’ll break down the key dates, software requirements, and penalties to help you understand your obligations and...

A Guide to Payrolling Benefits in Kind

While P11D forms have been a staple of UK payroll processes since the early 1960s, 2027 is set to bring...

6 Tax Planning Strategies Business Owners Need to Know

Starting up a small business comes with both exciting opportunities and complex financial challenges. Smart and proactive tax planning strategies...

6 Proven Ways to Reduce Your CGT Liability

If you’re a property owner in the UK, you’ve likely felt the sting of Capital Gains Tax (CGT) when selling...

A Guide to Tax on Online Income

Selling online opens up huge opportunities, whether you’re running a Shopify store, offering digital downloads, or managing an international subscription...