In this post we have outlined a few tax planning options that readers may want to consider following the October Budget changes…
Tax when selling your home
You would normally have to pay Capital Gains Tax on any gain you make if you dispose of a dwelling. However, you will be entitled to full relief, no tax to pay, where all the following conditions are met…
Check out the Trivial Benefits rules
Trivial benefits are small gifts or perks given to employees that are exempt from tax and benefit reporting obligations. But bosses must adhere to certain conditions…
Death and taxes
Death and taxes are certainties of life, according to Benjamin Franklin, and if you are in business, you should be aware which taxes you are liable to pay…
Underlining planning options for FHL owners
While a deadline in a year’s time may seem a long time away, taking action to mitigate future taxes or undertaking changes during the 2024-25 tax year will require “what-if” analysis…
Self-Assessment tax returns 2023-24
This post is focussed on processing your returns for 2023-24 and the message is, lets get your returns processed as soon as possible after 5 April 2024…
Timing in business is everything
Action, you take (or do not take) before the end of your accounting year end can have dramatic effects on your published accounts and any resulting tax liability…
Spread the cost of tax payments
Taxpayers who are unable to pay in full can check online to see if they can set up a monthly payment plan called Time to Pay…