In the Autumn Budget 2023, the UK Chancellor Jeremy Hunt announced plans to reduce debt and cut taxes, with the Office for Budget Responsibility (OBR) assessing that these measures will lower inflation and
In the Autumn Budget 2023, the UK Chancellor Jeremy Hunt announced plans to reduce debt and cut taxes, with the Office for Budget Responsibility (OBR) assessing that these measures will lower inflation and
For over half a century, the application of capital gains rules has been a contentious issue, leading to potentially huge refunds for taxpayers. This long-standing oversight, which has persisted for 58 years, warrants
Private Residence Relief (PRR) is a crucial component of the UK's tax system, providing homeowners with relief from Capital Gains Tax (CGT) when selling their primary residence. This relief is designed to
In a significant legal victory for taxpayers, the First Tier Tribunal (FTT) ruled in favour of Gerald and Sarah Lee in their dispute with HMRC regarding Private Residence Relief (PRR) for a replacement