Tax Guide’s Personal Tax section offers news and features to inform and guide you through all your personal and family tax needs. The Business Tax section offers insight and guidance for all the self-employed or small business owner needs to organise all their tax requirements.
Business Tax
Latest
Business Tax
Latest
Off-payroll legislation and loan charge set to devastate UK plc
The loan charge and off-payroll legislation continue to cause concern - that damage done in the public sector will role into the private one.
On payroll solution the only option for many contractors
On payroll is becoming a common response to the IR35 problem. In recent weeks several major banks have reportedly told contractors that they will only employ them as ‘on-payroll’ from next year as they prepare for the IR35 rules which will apply to the private sector from April 2020. Susan Ball (pictured) of accountants RSM explains.
Read More
Tax on UK property owned overseas – warning not to ignore HMRC
Following letters HMRC wrote to individual taxpayers in relation to information held about overseas income or gains earlier this year, it is now sending letters regarding tax on UK property owned overseas.
Read More
Personal Tax
Latest
ESG investing for ISAs and five top funds for you to consider
ESG investing for ISAs is a popular choice for doctors according to new research. The first in a series of features aimed at ISA investors and their particular needs offers five top ESG funds to look at (selected by Patrick Connolly – pictured – of Chase de Vere). Stephanie Spicer writes
Read More
Reducing tax liability by paying spouses can backfire
Many small businesses have paid salaries to family members for informal work which tax mitigation allowances. But this needs to be carefully done and recorded as a recent case demonstrates. Tax adviser Andrew Robins (pictured) assesses the practice
Read More
Personal Tax
Latest
Income Tax threshold levels fail lower paid
In the Autumn Budget Statement there was good news for income tax it appeared. It had been widely speculated on that promised rises in allowances would not go ahead. Yet on the day it has been announced that the personal allowance threshold for income tax and the higher rate threshold are both to be raised from April 2019 to £12,500 and £50,000 respectively (from £11,850 and £46,350).
Business Tax
LatestWeekly Newsletter
TAX ADVISER OF THE MONTH: Tim Humphries, Menzies
What Investment’s Tax Adviser of the Month is Tim Humphries, corporate tax director at Menzies
Read More
VAT return software problems and how to tackle them
Businesses, the self-employed and individuals with VAT return software problems could apply to HMRC for exemption, but it won’t be easy
Read More
Cross border trading risks and how businesses can deal with them
Understanding the sort of challenges businesses, that investors hold within their portfolios, need to contend with and how they tackle them, can be a helpful exercise. Nick Farmer (pictured) of accountancy firm Menzies LLP explains cross border trading
Read More
Personal Tax
Latest
An AIM venture capital trust opportunity and VCT Guide
An AIM venture capital trust investment from fund managers Amati offers access to small to medium sized business with tax advantages for the right investor. Patrick Connolly (pictured) also offers a guide to VCTs below.
Read More
Donating to charity and what the tax benefits can be
Donating to charity is often the choice for individuals rather than leaving their wealth to their family. There are tax efficiencies in doing so.
Read More
Property tax changes guide will help you through the maze
Property tax changes over the seven years from April 2013 to April 2020 mean that the taxation of individuals in respect of their property interests in Great Britain will have changed out of all recognition. Rachel de Souza and George Bull (pictured) of accountants RSM review the most significant changes
Read More