The pandemic changed the way in which many people worked, forcing them to work from home if they could. Post-pandemic, many employees have continued to
Hybrid Workers and Relief for Travel Expenses Read More »
If you incur expenses in doing your job, you may be able to claim tax relief. While the rules governing the availability of relief are
Claiming Relief for Employment Expenses Read More »
Trivial benefits have their own tax exemption, which if used wisely can be used to treat employees. The exemption can also be used by personal
Trivial Benefits – Make Use of the Exemption Read More »
A popular profit extraction strategy is to pay a small salary and to extract further profits as dividends. Why Pay a Salary? There are
Family and Personal Companies – Optimal Salary for 2023/24 Read More »
If you have a personal or family company, taking dividends is a popular and tax-efficient way to extract profits. However, while they remain tax efficient,
Taxation of Dividends in 2023/24 Read More »
Taking on a renovation project can be hugely appealing, particularly if the property is subsequently sold at a profit. However, from a tax perspective, it
Doing Up a Property – Are you Trading? Read More »
The Annual Tax on Enveloped Dwellings (ATED) is an annual tax payable on residential property valued at more than £500,000 which is held by a
Do you Need to Pay the Annual Tax on Enveloped Dwellings By 30 April 2023? Read More »
If you let a furnished property, it is very likely that you will need to replace domestic items from time to time. A specific relief
Relief for Replacement Domestic Items Read More »
In March last year, the government published a White Paper setting out its final position on reforming Companies House ahead of introducing legislation. The big
Companies House Changes – A Reason for Disincorporation? Read More »
On 15 March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and set out a plan to reduce inflation, grow the economy and
Tax E-News – Budget Special Read More »
