Personal Tax

Personal Tax Planning

With the Brexit process rumbling on, Making Tax Digital coming into force, and Easter around the corner, now is the time to put your financial plans in place for 2019/20. The way you receive an income, and the rates and [...]

2019-04-01T10:33:59+01:00April 1st, 2019|Personal Tax|

National insurance planning

Due to the UK's ageing population, the National Insurance Fund is under increasing strain, with the state pension taking up more than 90% of its annual outlay in 2018. Are you paying the right amount of national insurance? Read the [...]

2019-01-07T16:53:53+01:00January 7th, 2019|Personal Tax|

Capital gains tax planning

Whether you're a buy-to-let landlord, a shareholder, an art dealer or you fall somewhere in between, the chances are you will be familiar with paying capital gains tax. How can you reduce your capital gains tax bill in 2018/19? Read [...]

2018-08-06T17:17:44+01:00August 6th, 2018|Personal Tax|

The marriage allowance explained

Millions of married couples and civil partners in the UK are eligible for the marriage allowance, but almost half of the UK's eligible couples failed to claim it in 2016/17. The marriage allowance is designed for couples where one partner [...]

2018-08-06T17:16:48+01:00August 6th, 2018|Personal Tax|

Furnished holiday lettings

When furnished holiday property is let on a commercial basis for short periods, the owner can benefit from tax reliefs which wouldn’t otherwise be available to residential landlords. However, there are also associated disadvantages. Read our update to see the [...]

2018-07-04T16:01:10+01:00July 4th, 2018|Personal Tax|

Understanding IR35

The IR35 rules were significantly amended from 6 April 2017 for contracts involving public sector bodies. HMRC is currently consulting on how to change the way IR35 is applied in the private sector. These changes are likely to take effect [...]

2018-06-06T15:57:33+01:00June 6th, 2018|Personal Tax|

Personal tax planning

Nobody wants the taxman to take more than his fair share and planning your finances early on can ensure you adopt the most tax-efficient strategy for the months and years ahead. Read our update to see what reliefs and allowances [...]

2018-05-08T11:17:54+01:00May 8th, 2018|Personal Tax|