Tax Rebate Blog

Tax on Foreign Income

If you’re a resident of the UK and receive foreign income or capital gains from abroad, you’ll usually be required to declare this through Self-Assessment. When foreign income consists of…

Tax Reliefs When Selling Shares

If you make a gain when selling shares or other investments, you may be liable to pay Capital Gains Tax. Your tax liability is dependent on whether your total gains exceed your Capital Gains Tax…

A Guide to Inheritance Tax

What is Inheritance Tax? If a person’s estate is worth more than £325,000 when they die, their estate exceeds the Inheritance Tax threshold. A person’s estate includes their property, money…

What is Entrepreneurs Relief?

Entrepreneurs Relief provides a reduced level of Capital Gains Tax to those who are eligible. The relief can be used when selling or disposing of all (or part) of your business. Qualifying assets…