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Property businesses – what expenditure can be claimed?

Property businesses – what expenditure can be claimed?

Date posted: 21st Jun 2022

In common with other types of businesses, expenses are unavoidable when running a property business. However, subject to certain conditions, it is possible to obtain tax relief for…

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The end of the solvent company’s life – what are the tax implications?

The end of the solvent company’s life – what are the tax implications?

Date posted: 21st Jun 2022

All good things, must come to the end. If you are operating your own limited company and looking to retire or cease trading, then you will need to…

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‘Trivial benefits’ – what is trivial?

‘Trivial benefits’ – what is trivial?

Date posted: 21st Jun 2022

Legislation around ‘Trivial Benefits’ was introduced a few years ago, to save employers from having to report relatively small amounts given to employees as taxable on a form…

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Filing your tax return early – what are the benefits?

Filing your tax return early – what are the benefits?

Date posted: 21st Jun 2022

A lot of taxpayers are under the impression that if they file their tax return earlier than the January deadline, they will be required to pay the tax…

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CAPITAL GAINS TAX ON SEPARATION AND DIVORCE

CAPITAL GAINS TAX ON SEPARATION AND DIVORCE

Date posted: 21st Jun 2022

Sadly, marriages and civil partnership do end. Understandably, when a married couple or civil partners separate, tax planning may not be at the top of their list of …

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SALARY SACRIFICE SCHEMES – GET THE TIMING RIGHT

SALARY SACRIFICE SCHEMES – GET THE TIMING RIGHT

Date posted: 21st Jun 2022

In recent times, many employers have organised salary sacrifice arrangements to allow employees to give up some of their contractual salary in exchange for say additional pension contributions…

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ELECTRIC COMPANY CAR –  DOES IT NEED TO BE NEW?

ELECTRIC COMPANY CAR – DOES IT NEED TO BE NEW?

Date posted: 21st Jun 2022

In short, no, but there can be tax differences between acquiring new and second hand cars. As things stand, the shortage of semiconductors has meant long delays in…

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BUSINESS ADVISERS DEMONSTRATE THE BENEFITS OF PERSONAL DEVELOPMENT IN THE WAKE OF ‘THE GREAT RESIGNATION’

BUSINESS ADVISERS DEMONSTRATE THE BENEFITS OF PERSONAL DEVELOPMENT IN THE WAKE OF ‘THE GREAT RESIGNATION’

Date posted: 21st Jun 2022

In the wake of an increasingly tight jobs market with vacancies outstripping job seekers, one of the largest independent regional firms of business advisers and accountants believes companies…

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The number of higher rate taxpayers is increasing. Can anything be done?

The number of higher rate taxpayers is increasing. Can anything be done?

Date posted: 16th Jun 2022

The number of higher rate taxpayers is increasing. Can anything be done? According to a late 2021 IFS study, more taxpayers are being subjected to higher rate taxes….

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What the cost of living crisis may mean for you!

What the cost of living crisis may mean for you!

Date posted: 30th May 2022

Now the dust has settled on Chancellor Rishi Sunak’s ‘cost of living crisis’ response Clive Owen LLP tax partner Lee Watson has dissected the measures to see what they really…

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