The Corona Virus resulted in an emergency rate reduction from 0.75% to 0.25% making it one of the first such reductions on budget day. This Budget has been taken over by the Corona Virus Covid-19 and [...]
Every business owner tries to influence the investors in order to raise capital for their new company. There are two generous tax schemes offered by UK government i.e. SEIS and EIS which are used by [...]
Structures and Buildings Allowance (SBA): At a glance The Structures and Buildings allowance (SBA) was announced in the Budget 2018 and applies to qualifying expenditure incurred on or after 29th [...]
Substantial rumour or substantiated fact: is Osborne about to axe generous pension tax breaks? There are rumours, reliable ones, that on 16 March 2016, when Chancellor George Osborne lays out his [...]
State Pension – top-ups, is it worth it? From 12 October 2015, pensioners can boost their annual income by increasing their state pension with a state pension top-up. If you are [...]
Is investing in share capital rather than a loan to the directors' current account more tax efficient? Since 2008, investing money in the form of shares rather than loaning money to the company [...]
Why did the Chancellor lower the tax-relief for buy-to-let investors and is it still tax efficient to invest in buy-to-let property? Buy-to-let investors are able to claim tax relief on their [...]
The Chancellor’s Budget Statement Rests Mainly on Economic Security This is the chancellor’s seventh budget announcement but his first as Chancellor of a conservative majority government. While [...]
Is the final budget of the current parliament just a lot of electioneering with a couple of sweeteners thrown in for good measure for SMEs, hard-working taxpayers, pensioners and savers? Income [...]
What is dispensation? A dispensation is a notice from HMRC that means you no longer need to report expenses and benefits to them at the end of the year. With Dispensation there is no need to pay [...]