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 »
Entitlement to the state pension and certain contributory benefits depends on an individual having paid, or been credited with, sufficient National Insurance contributions. To qualify
Should I Pay Class 2 NIC Voluntarily? Read More »
The trading allowance enables an individual to earn up to £1,000 from self-employment, the provision of casual services (such as gardening or babysitting) or from
Can you Benefit from the Trading Allowance? Read More »
The VAT default surcharge is being replaced with a new VAT penalty and interest regime. The new rules apply to VAT accounting periods beginning on
VAT Penalties – New Rules Read More »
