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Tax

Tax

Explaining Corporate Tax Loans

If you own a company, then you are required to pay Corporation Tax on profits that are made from doing business as a limited company in Britain. This also applies to any foreign company with a UK branch or office….

Tax

Do You Need to Pay Capital Gains Tax?

If you gain capital through the sale of an item such as an antique or home whereby the profit obtained reaches £6000 or more, capital gains tax must be paid. In terms of tax, valuable possessions are called “chattels”. Many…

Tax

Capital gains tax explained

Capital gains is a tax on the profit when you sell or dispose of something that’s increases in value. It is the gain you make that is taxed, not the amount of money you receive. Some assets are tax free….