In this 3rd edition we discuss options for you to cease your annual tax reporting requirements with HMRC, if you have no further need for self-assessment. We will also consider issues surrounding capital gains tax, where separate reporting requirements exist outside the annual self-assessment process.

As we approach the close of another tax year, the aim of this newsletter is to share some observations on the recent budget, announced on March 3rd and, also, to prompt you to think about any last-minute steps you can take to minimize the tax burden before the year closes on 5 April 2021.

Welcome to the first edition of insights from Hodgens Global where we discuss additional Stamp Duty charges on UK property purchases by non-UK residents, Brexit uncertainty and the Coronavirus, which has provided many with the opportunity to consider working from home in an  overseas setting. Also, in the newsletter we discuss our new cloud-based file sharing system which allows clients to automatically access their files and documents, 24/7, throughout the year.