Autumn Budget 2024
October 2024 Billions in tax rises Ms Reeves said the Budget will raise £40 billion in taxes. Employers’ National Insurance […]
More..Claiming a deduction for the expenses of a property business
Expenses will be incurred in running a property business. To ensure that tax is not paid unnecessarily, it is important […]
More..The company makes a loss – can a dividend be paid?
Anyone who invests in a company is taking a chance, hoping that the directors, as representatives of the company, will […]
More..Utilising losses from a property rental business
Where a landlord makes a loss on their property rental business, the options for using that loss are limited. The […]
More..New residence-based regime for foreign income and gains
The remittance basis of tax is an optional tax treatment that allows individuals who are resident but not domiciled in […]
More..VAT on school fees
As outlined before the election, the new Government are to go ahead with their proposal to impose VAT on school […]
More..Tax planning for trading losses
A sole trader or partnership business may make a loss for several reasons – not necessarily because it is not […]
More..Do I need to worry about IR35?
If you provide your services personally to an end client through your own limited company or other intermediary, you may […]
More..What can HMRC do if you do not pay your tax bill?
HMRC have a range of powers at their disposal to collect unpaid tax. If you are struggling to pay a […]
More..UK tax treatment of rent from overseas properties
A person who is resident and domiciled in the UK is liable to UK tax on their worldwide income. Consequently, […]
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