capital gains tax Archives - Newby Castleman

17th March 202515th July 2025

Checklist: Year-end personal tax planning

4 minutes to readBefore the tax year draws to a close, it is important to ensure your tax affairs are arranged efficiently. Year-end tax planning can provide significant benefits, including reducing your tax liabilities and ensuring that you make full use of available allowances and reliefs. We have compiled a checklist, and some key planning points that you …

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26th March 202424th April 2024

2024/2025 Tax Data

< 1 minute to readIn an easy-to-read format, our tax data cards contain a snapshot of the tax rates and bands for individuals and businesses for the financial year 2024/25. Download a copy here, or get in touch with either our Leicester or Loughborough offices for a printed card. Rates, bands and allowances covered include those for: Income Tax …

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18th October 20233rd January 2024

Capital Gains Tax and property: 60 days to declare

2 minutes to readThose selling or disposing of residential property in the UK should be aware of the 60-day deadline for reporting and paying Capital Gains Tax (CGT) to HMRC. Failure to do so will result in penalties. Who qualifies? UK residents have Private Residence Relief (PRR), so no tax to pay, if they sell a property that …

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17th April 202314th August 2023

2023-2024 Tax cards

< 1 minute to readOur latest tax cards are a concise summary of the tax rates, allowances and bands for the tax year 2023-2024. Useful to refer to if you want to check – Income Tax Income Tax reliefs Individual Savings Accounts Capital Gains Tax Inheritance Tax Car, van and fuel benefits National Insurance Tax reliefs for individuals Follow …

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1st March 202325th April 2023

Tax planning: Savings and investments

4 minutes to readFor tax efficiency on savings and investments read our fourth guide here, or contact either our Leicester or Loughborough accountants. Savings The Savings Allowance (which applies across the whole of the UK) allows interest of up to £1,000 from savings such as – bank and building society accounts – unit trusts – trust funds to …

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21st February 202320th March 2023

Tax planning: Tax and your family

4 minutes to readMany families look at their household income in the round for budgeting expenditure. This approach is also valuable when it comes to tax and your family, so that the best uses of allowances are made. Tax and your family In the weeks leading to 5 April 2023 consider three points to create the most tax-efficient …

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15th February 202320th March 2023

Tax planning: Income tax rates & allowances

5 minutes to readThe period before the end of the tax year is an important time to review your affairs with your accountant. There’s still time to plan, and make the most of allowances, ahead of your new tax return being issued after the 5 April 2023. Here, in the second of our year-end tax planning reviews, we …

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