60-day reporting window when disposing of UK residential property
Some UK taxpayers must report and pay Capital Gains Tax (CGT) within 60 days of disposing of UK residential property. What is the 60-day rule? The 60-day CGT reporting rules apply to UK resident and non-resident individuals, trustees, personal representatives, partners in partnerships and limited liability partnerships, and joint owners of property who are […]
Futuristic Farming Comes to Kent: A Glimpse into Agri-Tech’s Cutting-Edge Future
In an exciting step forward for the agricultural sector, members of Produced in Kent were recently given an exclusive preview of the latest technological advancements in farming. At a special event held in August, Dogtooth Technologies, a leader in agri-tech innovation, showcased its groundbreaking robotic fruit-picking technology to some of Kent’s top growers and producers. […]
London Livery Companies Step into Historic Town of Sandwich
This September, the historic town of Sandwich proudly hosted an event that has already made its mark. In what is hoped to become an annual tradition, a group of ramblers from several prestigious London Livery Companies came to Sandwich for the first-ever Inter-Livery Kent Coastal Hike. Organised by Freeman Amy Hopper, the event not only […]
Getting your house in order
We’ve spoken before about how to get your business in good shape to ensure your protect its value and potentially prepare for a sale. There are a number of areas that you should consider reviewing, to ensure you have ticked all the boxes that a buyer would investigate as part of its due diligence. We […]
Investing in the Goodwill of your business
When you are selling a business, a buyer usually wants to make sure that they can benefit from the “goodwill” that has been created around it. Goodwill is an intangible asset, generally recognised as being “the benefit and advantage of a good name, reputation and connection of a business or the attractive force that brings […]
Abolition of the furnished holiday lettings tax regime
The favourable tax treatment previously given to furnished holiday lets (FHLs) will be abolished from 1 April 2025 for Corporation Tax and 6 April 2025 for Income Tax. Going forwards, income from a FHL will be treated in line with all other property income, in a bid to promote fairness and align tax rules between […]
