As part of the move to Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA), the basis period rules are being reformed. Despite the
Basis Period Reform – Preparing For the Transition Read More »
To encourage pension savings, tax relief is available on contributions made to registered pension schemes. However, there are limits on the contributions that can qualify
Pension Payments – What Tax Relief is Available? Read More »
For a brief period it seemed that the days were numbered for the additional rate of tax following the announcement in the ill-fated mini Budget
Beat the Reduction in the Additional Rate Tax Threshold Read More »
Directors’ loans can be tricky from a tax perspective. Specific tax charges apply where loans to director shareholders of close companies (broadly those under the
Repaying Directors’ Loans – Does the Order Matter? Read More »
Being in the role of a teacher in the UK, sometimes makes you end up sending your money on buying the resources that you might
What are Some Teacher Tax Deductions? Read More »
Limited liability partnerships (LLPs) are a relatively new type of business structure that came into being following the financial crisis of the late 1980s, and
LLP VA Company – Which is Best? Read More »
If used correctly, dividend waivers can be an effective planning tool, particularly where one shareholder is a higher-rate or additional rate taxpayer and others are
Using Dividend Waivers as a Tax Planning Tool Read More »
Business property relief (BPR) is one of the more valuable tax reliefs available to business owners because it reduces the value of an estate for
Business Property Relief – Be Aware of the Pitfalls Read More »
As well as a mechanism for collecting revenue, the tax system is also used to encourage certain behaviours and discourage others. One example where this
Are Electric Cars Still A Tax-Efficient Benefit? Read More »
The month of August belongs to the tax year 2024, what came into force is known as getting registered as an overseas entity with companies
Register as an Overseas Entity with Company House Read More »
