Late taxpayers will be facing higher interest rates from this week following the rise in the Bank of England base rate…
Reorganising company structures to save tax
When corporation tax increases from 1 April 2023, companies will need to consider three scenarios…
Tax-free gifts & CGT
There are three circumstances when you may not have to pay capital gains tax on a gift…
Tax relief for charitable donations
How you can claim for tax relief on charitable donations made this tax year…
Sharing income with your family
We review strategies for sharing taxable income with family members…
Employment of someone to work in your home
Paying someone to act as your nanny, housekeeper or gardener may result in you being considered an employer…
Self-employed tax twisters
We are often asked why a self-employed person is paying so much tax when their drawings from their self-employed business are minimal…
Landlords and tax – the basics
The following definitions set out how property income is calculated and taxed…