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Archive for August, 2018

Tax Question – Non Resident Capital Gains Tax

My client is a┬ánon-UK resident, having left the UK in April 2016. His main home which he purchased in July 2014 has been let out since he left. He is now planning to sell the property and is wondering whether he is liable to capital gains tax in the UK and whether there are any[…] Read more »

Understanding Tax on Overdrawn Directors’ Loan Accounts

For sole traders or partnerships, taking money from a business is a straightforward process, but withdrawing money from a company by a director is a different matter. An overdrawn DLA is where a director has taken money out of the company that is not classed as a dividend or salary and the figure exceeds any[…] Read more »


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