Have you used your 2023/24 dividend allowance?
As we move into the final months of the 2023/24 tax year, it is time to give some thought to…
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Recent articles from this topic and all its specialist areas.
As we move into the final months of the 2023/24 tax year, it is time to give some thought to…
If you are running an unincorporated business, either as a sole trader or as a partnership comprising only partners who…
In his November 2023 Autumn Statement, the Chancellor announced a reduction in the main primary rate of Class 1 National…
The self-employed have historically paid two classes of National Insurance – Class 2 and Class 4. However, this is set…
Many businesses begin by buying a customer list from another similar business, sending out marketing adverts rather than waiting to…
Despite 4.2 million couples being eligible for the tax break, only 1.8 million are claiming the marriage allowance (MA) –…
HMRC have recently published a spotlight warning landlords to avoid schemes offering hybrid property arrangements that purport to save tax.…
Private residence relief (PRR) removes the capital gains tax charge that would otherwise arise on a gain on the disposal…
In personal and family companies, directors often borrow money from the company as this is a cheaper and easier option…
Strict reporting deadlines apply under Real Time Information (RTI). Employers are required to report employees’ pay and deductions to HMRC…
The marriage allowance is not a separate allowance as such – rather, it is a transfer of part of one…
Although the deadline for submitting your 2022/23 tax return online is midnight on 31 January 2024, if you owe tax…
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