Share loss relief (SLR) applies to ‘qualifying shares’; shares to which income tax relief under the enterprise investment scheme (EIS) is ‘attributable’ are automatically qualifying
The ‘Basics’ of Share Loss Relief? you Must Be Kidding! Read More »
I t is quite common for building projects to attract more than one rate of VAT on different elements of the development. For example, a
Simplified Accounting: Using Composite VAT Rates Read More »
Attractive tax reliefs are available on contributions to a personal pension plan and to the plan itself, but the focus here is on the basic
Making a Withdrawal: Pension Payments Read More »
When considering making an investment, two of the main issues are a good return and an exit strategy. As well as the performance of the
Trust or Limited Company? Read More »
The strict application of the rule for allowable expenses would require all expense payments to employees to be treated as employment income, leaving the employee
Employee Expenses: Are P11D Returns Finally No More? Read More »
Unincorporated trading businesses are going through their biggest tax change for a generation, with the switch to a tax year basis of assessment replacing the
Unincorporated Traders: More Changes Ahead Read More »
In April 2023, the National Will Register reported that 42% of adults in the UK had not made any provisions for their estate distribution in
Where There’s a Will…There Could be Tax Savings! Read More »
Usually, it’s the supplier who issues a VAT invoice; but in some circumstances, the customer prepares the invoice instead and gives the supplier a copy.
The exemption from capital gains tax (CGT) for a dwelling that is the taxpayer’s ‘only or main residence’ is an important one for homeowners. The
No-one likes to think about their death, so it is perhaps understandable that many people put off drafting their will, and some die without having
Where There’s a Will! Read More »
