NIC landscape for 2023/24
As far as National Insurance was concerned, the 2022/23 tax year was a tricky one featuring in-year changes to the…
Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
As far as National Insurance was concerned, the 2022/23 tax year was a tricky one featuring in-year changes to the…
In an alphabet share structure, each shareholder has a different class of share. For example, one shareholder may have A…
The Employment Allowance is an allowance that eligible employers can claim to set against their secondary (employer’s) Class 1 National…
The Annual Tax on Enveloped Dwellings (ATED) is an annual tax payable on residential property valued at more than £500,000…
If you let a furnished property, it is very likely that you will need to replace domestic items from time…
A tax charge may arise under the benefit in kind legislation where a company van is available for an employee’s…
To encourage pension savings, tax relief is available on contributions made to registered pension schemes. However, there are limits on…
For a brief period it seemed that the days were numbered for the additional rate of tax following the announcement…
Directors’ loans can be tricky from a tax perspective. Specific tax charges apply where loans to director shareholders of close…
The trading allowance enables an individual to earn up to £1,000 from self-employment, the provision of casual services (such as…
The VAT default surcharge is being replaced with a new VAT penalty and interest regime. The new rules apply to…
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at…
Book a free initial consultation with Makesworth’s chartered accountants.
Book a consultation 020 7993 8850