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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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Laura specialises in reviewing the financial affairs of individuals and trusts with a view to identifying tax planning opportunities and tax efficient schemes. Laura also has significant experience with offshore trusts and international tax matters.

Read more about Laura here.

Working from home tax relief – explained

laura

If you are required to work from home, including due to the COVID-19 pandemic, you can claim for the increased cost of things such as internet, phone bills and equipment for the time you spend at home. While the working from home allowance is not new, the rules have changed slightly and more people may be eligible as a result of the lockdown restrictions.

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396 Hits

Self Assessment deadline extended to 28 February: How does it work?

laura

The official deadline for filing a Self Assessment tax return for 2019-20 was 31 January 2021. However, in a last-minute move, HM Revenue & Customs (HMRC) extended the Self Assessment filing deadline to the 28 February 2021. In this article, we look at the extension to the deadline and highlight key dates and issues you need to be aware of.

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842 Hits

Why you should get your Self Assessment income tax return ready early

laura

If you have just raced to complete your Self Assessment tax return, you are not alone. Last year, HMRC reported that around 700,000 taxpayers left their tax return to the last day in 2020, with 26,500 people submitting their return between 11 pm and midnight - the last hour before the deadline. However, there are many advantages to preparing and submitting your Self Assessment tax return in advance. In this post, we look at some of the benefits of submitting your tax return early.

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550 Hits

Entrepreneurs’ Relief now Business Asset Disposal Relief

laura

There has been much speculation around the possibility of abolishing Entrepreneurs’ Relief. However, the Government has decided to retain the relief with the purpose of encouraging genuine entrepreneurial risk-taking. One change that the Government did make is that from 2020/2021, Entrepreneurs’ Relief has been renamed as Business Asset Disposal Relief.

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928 Hits

How Gift Aid can benefit UK taxpayers and charities during the COVID19 Pandemic

laura

Charitable giving is at the forefront of many people’s thoughts during these unprecedented times.  Whether you wish to donate £10 or £10,000 to a charity all donations will be gratefully received; but you may not be aware the value of your gift could be worth even more to your chosen cause, with advantages to you as a UK taxpayer, using UK Government charitable tax reliefs.

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1079 Hits

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