Gifts: The Art of Giving
Although inheritance tax (IHT) can arise on some lifetime gifts or ‘transfers of value’, the main concern for most is its impact on the estate
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News
Employment-Related Securities: Sorting the Wheat from the Chaff
My long association with the ITEPA 2003, Pt 7 Employment Related Securities (ERS) legislation leads me to conclude that confusion stalks the land. Or put
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Late VAT Returns: HMRC Changes
VAT returns and payments should be submitted to HMRC no later than seven days after the end of the month following the end of the
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No More Looking Back!
Many trading companies are struggling in this difficult financial climate. Where a company makes a trading loss, there are several possible ways for that trading
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Business Strategies: Tax Efficient Methods of Purchasing Assets
When businesses purchase assets, they invariably use some form of finance on the pretext that it is better to conserve cash, because once it’s gone
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What is A Form R185 and Why Did I Receive One?
If a trust beneficiary receives a Form R185 from a trustee, it is good news. It means they have been paid some income during the
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The Salary Sacrifice ‘Trap’
As well as providing their employees with a salary, many employers wish to offer other benefits-in-kind (BIKs) as a means of further incentivisation or simply
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A Tax-Efficient Christmas!
Christmas comes but once a year and while, one hopes, this is accompanied by a feeling of goodwill and generosity to all, this may not
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Construction Industry Scheme: What is Tax-Deductible?
Contractors in the construction industry have big regular construction industry scheme (CIS) tax obligations and responsibilities. A contractor will have to get relevant financial and
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Standard Rated, Zero Rated or Exempt?!
For VAT legislation purposes, a new commercial property or civil engineering work can be partly constructed or up to three years old and still count
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