Tax Implication

UK Taxation of Indian Mutual Fund: Income vs Capital Gain | Exception Explored

January 26, 2025

The taxation of mutual fund proceeds received by UK residents from India has a significant impact on financial planning. The key question often revolves around whether to treat these proceeds as income or capital gains under UK tax laws.This determination depends on the nature of the fund, its classification under UK tax regulations, and whether&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/uk-taxation-of-indian-mutual-fund-income-vs-capital-gain-exception-explored/">View Article</a>

Tax Implications of Remote Work for UK Businesses and Employees

November 08, 2024

Do you know 44% of UK employees are engaged in remote work? While some work as full-time remote workers, the rest work as hybrid remote workers. The COVID lockdown has vastly transformed the way employees prefer to work. As a result, many employees now want to work remotely from the comfort of their homes or&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/tax-implications-of-remote-work-for-uk-businesses-and-employees/">View Article</a>

Tax Implications of Property Ownership: A Homeowner&#8217;s Guide

February 19, 2024

Are you a homeowner or someone soon going to buy your dream home in the United Kingdom? Undoubtedly, owning a home is a milestone that brings immense joy because of various reasons, such as having a sense of stability or belonging, and so on. So, first of all, congratulations on this achievement, but you must&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/tax-implications-of-property-ownership-a-homeowners-guide/">View Article</a>

Termination Payments: Understanding the Tax Implications

November 04, 2023

Are you someone fearing a termination from your job? Let’s admit that facing a job termination can be a daunting experience. In such a scenario, the last thing you want to worry about is the complex world of taxes. When you leave your job, you may receive a termination payment from your boss if your&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/termination-payments-understanding-the-tax-implications/">View Article</a>

The Future of Work: Tax Implications for UK Remote Workers

September 26, 2023

Lockdown provisions due to pandemic have changed the landscape of the working world faster than ever. The biggest shift is the rise of employees more inclined to work remotely. With the advance in technology, even after the lockdowns are no more, many people in the UK are working remotely. Now people are paying more emphasis&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/the-future-of-work-tax-implications-for-uk-remote-workers/">View Article</a>

How Does Council Tax Works In the UK

July 04, 2023

Unlike income tax which is a significant source of revenue for the UK government, council tax is for local authorities like County Councils, District Councils, Metropolitan Borough Councils, etc. The annual fee is collected to have funds so that they can provide essential services to the residents. Some of these services are waste collection, libraries,&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/how-does-council-tax-works-in-the-uk/">View Article</a>

Tax Implications While Selling A House

September 23, 2022

There are a lot of taxes associated with property in the UK and at times it can be quite complicated to know which are they and what they imply. Mainly there are two property taxes &#8211; stamp duty land tax and capital gains tax, which are associated with the buying and selling of property in&#8230; <a class="view-article" href="https://www.coreadviz.co.uk/blog/tax-implications-while-selling-a-house/">View Article</a>