TCP Accountants | Accountants Nottingham | Tax Advice & Bookkeeping

Industry News

Making a negligible value claim with HMRC

Making a negligible value claim with HMRC

A negligible value claim lets taxpayers declare an asset worthless for tax purposes, realising a capital loss without selling. This can be backdated

Read More
More tax on business disposals from April 25

More tax on business disposals from April 25

From April 2025, the Capital Gains Tax rate on Business Asset Disposal Relief rises from 10% to 14%, increasing to 18% in 2026. Business owners

Read More
Letting out part of your home – claiming lettings relief

Letting out part of your home – claiming lettings relief

Renting out part of your home may affect Capital Gains Tax when you sell. While Private Residence Relief applies, Letting Relief can reduce taxable

Read More
Inheriting spouse’s State Pension

Inheriting spouse’s State Pension

If your spouse or civil partner has passed away, you may inherit part of their State Pension, depending on when you reached pension age. Find out what

Read More