Considers the operation and practical implications of the income tax starting rate band for savings. The starting (savings) rate band for interest income is one
How Does The Starting Rate Band For Savings Income Work? Read More »
Points out how a company could benefit a business, and what directorship entails. When deciding whether to incorporate a business, tax is clearly a major
Directorships and Employing a Company Read More »
Changes in Acknowledgement Procedures As of 1st September 2022, HMRC has updated its process for acknowledging option to tax notifications. The previous system of issuing
Update on the Process for Option to Tax Notifications Read More »
For most of us, the house in which we live – our ‘only or main residence’ in the terms of the tax legislation – is
Tax and the Main Residence Read More »
Surprising loved ones with a gift can potentially backfire on the donor, who may end up with a tax charge in exchange for giving up
Gifting an Asset: What Does the Taxman Get? Read More »
Looks at what is known as the ‘golden brick’ and its effect on the VAT treatment of new residential property in the construction industry.I t
Construction Industry: The ‘Golden Brick’ Read More »
Looks at some inheritance tax points to consider for parents wishing to help adult offspring manage their mortgage debts. These are difficult times for most
IHT: Helping the Kids with Their Mortgages? Read More »
Payments on account (POAs) for the selfemployed or those taxpayers who have significant income from sources other than employment have been compulsory for nearly 30
Business Strategies: Spreading Tax Payments Read More »
As an employee, it is normal to receive and to be taxed on the worker’s salary, wages and bonuses for the work performed in the
How Much is My Benefit-In-Kind Worth? Read More »
When considering the best vehicle through which to operate a business, tax is a major consideration which can affect that decision, but it’s not the
New Business: Company Or Partnership? Read More »
