Blogs

Trivial Benefits – Make Use of the Exemption
Trivial benefits have their own tax exemption, which if used wisely can be used to

Family and Personal Companies – Optimal Salary for 2023/24
A popular profit extraction strategy is to pay a small salary and to extract further

Taxation of Dividends in 2023/24
If you have a personal or family company, taking dividends is a popular and tax-efficient

Doing Up a Property – Are you Trading?
Taking on a renovation project can be hugely appealing, particularly if the property is subsequently

Do you Need to Pay the Annual Tax on Enveloped Dwellings By 30 April 2023?
The Annual Tax on Enveloped Dwellings (ATED) is an annual tax payable on residential property

Relief for Replacement Domestic Items
If you let a furnished property, it is very likely that you will need to

Companies House Changes – A Reason for Disincorporation?
In March last year, the government published a White Paper setting out its final position

Tax E-News – Budget Special
On 15 March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and set

Overpayment Relief Claim – How Long Do you Have?
Tax repayment claims are usually made via the submission of a tax return. The time

When Should a Business Leave a VAT Scheme?
Post-pandemic, many businesses are finding that their trading circumstances have changed such that the non-standard

NIC Landscape for 2023/24
As far as National Insurance was concerned, the 2022/23 tax year was a tricky one

New Corporation Tax Regime
Changes to the corporation tax regime come into effect from 1 April 2023 – the

Is An Alphabet Share Structure Still Worthwhile?
In an alphabet share structure, each shareholder has a different class of share. For example,

What is an SA106 Form?
If you are that one individual who owns the status of being a UK resident,

How To Claim A Tax Refund
If you have paid too much tax, you will be able to get a refund