As traditional loans fall out of favour with increasing numbers of business owners, you may be looking for an alternative route for financing - and your pension could be the answer. Read our guide here to see how your pension [...]
How do you go about drawing profits from your business, and doing so efficiently? This guide discusses some of the common ways in which you can extract profits from your own company. Read our guide here.
Capital allowances provide the mechanism for tax relief on certain types of capital expenditure essentially providing a deduction against profits. Are you maximising your capital allowances position? Read our guide here to see how to minimise business tax in 2018//19.
First time buyers in England, Northern Ireland - and for a short time in Wales - were the biggest winners in the most recent shake-up to affect property taxes in Autumn Budget 2017. How has devolution affected what tax you [...]
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 [...]
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 [...]
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 [...]
Although Making Tax Digital (MTD) has suffered delays, MTD for VAT remains on course to take effect from 1 April 2019. Under the scheme, VAT-registered businesses are required to maintain digital records and submit the VAT return to HMRC electronically. [...]
With the 6 July deadline coming up for employers to file P11D forms to report employee benefits and expenses relating to 2017/18, you'll need to know your company’s reporting obligations for tax and NI in respect of travel and subsistence [...]
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 [...]