Category

Taxation

castlegateadmin 0
1
Taxation
December 9, 2024

How to navigate capital gains tax 3>

Capital gains tax (CGT) has come under the spotlight again. The 2024 Autumn Statement confirmed an increase in the rates for non-property asset disposals. Moreover, we have witnessed a repeated fall in the tax-free CGT…
Read More
castlegateadmin 0
0
Taxation
November 4, 2024

How will farmers deal with IHT now? 3>

We won’t mince our words. The 2024 Autumn Statement has been a big shock for many UK farmers. Reports are circulating widely about how the agricultural sector feels “betrayed” by the decision to remove the…
Read More
castlegateadmin 0
0
Taxation
July 5, 2024

How to navigate income taxes in 2024 3>

Income tax is one of the UK’s three vital revenue streams for the government’s coffers. In 2023-24, it raised £277 billion for the Treasury. Together with VAT and National Insurance (NI) contributions, income tax comprises…
Read More
castlegateadmin 0
0
Taxation
June 8, 2024

How to maximise tax-efficient capital gains in 2024 3>

How do you protect your capital gains from needless tax? This question has become more pressing to UK investors since April 2024, when the Government lowered the tax-free capital gain tax (CGT) allowance from £6,000…
Read More
castlegateadmin 0
0
Taxation
May 10, 2024

How to get the most from the 2024-25 tax year 3>

A new tax year (starting in April) offers a great opportunity to optimise your finances to keep more of your hard-earned income, savings and returns. With the arrival of 2024-25, many clients in Grantham and…
Read More
castlegateadmin 0
0
Taxation
March 5, 2024

How to keep capital gains tax under control 3>

As an investor, you want to keep taxes on your returns at a minimum. Capital gains tax (CGT) can be levied on the profits you earn after “disposing of” (selling) certain assets – such as…
Read More
castlegateadmin 0
0
Taxation
January 22, 2024

How not to overpay on tax in 2024 3>

The UK currently faces its highest tax burden in 70 years, set to rise to 37% of national income in 2024. The Chancellor has hinted that tax cuts could arrive in the upcoming Spring Budget,…
Read More
castlegateadmin 0
0
Taxation
October 9, 2023

You can still maximise the 2023-24 tax year 3>

One of the best ways to put more hard-earned money back into your pocket is to maximise your tax allowances. Yet many people are confused about how the tax year works, which allowances they can…
Read More
castlegateadmin 0
0
Taxation
September 1, 2023

Can I save tax through charitable giving? 3>

Giving to charity is not only a noble act by contributing towards a good cause. It can also help with mitigating a tax bill. Below, our Lincolnshire financial planners show how this works in practice…
Read More
castlegateadmin 0
0
Taxation
June 26, 2023

Get the most from the 2023-24 tax year 3>

The UK tax year, lasting from 6 April until 5 April, is an important “window” to take advantage of allowances and other tax benefits which could put you in a better financial position. In 2023-24,…
Read More