Windfall Watch
Business owners should keep an eye on Corporation Tax this year, as cuts could give them cause to reallocate capital.
In an interview with a German newspaper at the weekend, Philip Hammond warned that ...
Changes to the taxation of landlords – how it could affect you?
I’m sure many landlords will be aware of the significant changes in legislation likely to erode their taxable income. Below is a quick walk through the changes and how we could help alleviate the impact!
Cha...
Illusion of safety – Inheritance Tax
Never assume your business interests will avoid Inheritance Tax.
Many major shareholders and business owners are oblivious to the traps surrounding Business Relief, some of which can leave their estate a...
Payroll – Size Doesn’t Matter
A minority of small employers are failing to act on warnings from the Pensions Regulator.
Automatic enrolment has “changed the UK workplace forever”, according to the Pensions and Lifetime Savings Asso...
Research & Development Tax Credits – a well-kept secret?
Recently during a wider conversation with one of my clients, the question of research and development was raised.
It transpired that the company was eligible to apply for UK HMRC Research and Development Tax...
Exit Route – tax-saving opportunities
Entrepreneurs’ Relief offers exceptional tax-saving opportunities, but despite recent reforms, dangers lurk in the complexity.
For many business owners, Entrepreneurs’ Relief offers an exceptional oppo...
People Power – person with significant control
New rules mean companies must disclose all individuals with significant links to their business - with strong penalties for non-compliance.
In recent years, momentum has been building worldwide for com...
Small Change?
An outline is emerging of the possible challenges and opportunities faced by small businesses ahead of the UK’s departure from the EU.
Little more than a week had passed since confirmation of the refer...
Pick up drivers – get the right tax advice
Pick ups are taxed advantageously when run as company cars as they are classed as commercial vehicles and, even if used privately by the user, a higher rate taxpayer pays around £105 per month only in benefit in kind tax which is much lower than for an equivalently priced car.
Ready To Leave?
Surveys have shown that many small and medium-sized companies have not prepared themselves for an EU exit, but safeguards are still possible.
Earlier this year, British companies were warned by the Fin...