Monthly Archives: April 2014

Capital Gains Tax on your Principal Private Residence

When you sell your home (principal private residence) then there is no tax on the sale proceeds, but life in not always that simple.  What happens if it has not always been your home? The tax man will seek to tax a proportion of the gain you make based...

Classic Cars as Company Cars

For tax purposes a classic car is any car over 15 years old with a current value of more than £15,000 but whose list price was less than £15,000.  Usual company car rules tax you on a value based on list price and emissions. If you have a company...