Tax Tips
TAX TIP OF THE WEEK – Thinking of investing In a new bike, could you get the company to pay?
The cost of a new bike these days can be quite a cost, especially if you are thinking of an e-bike which can run into £1000’s
TAX TIP OF THE WEEK -If you and your spouse sell a property that is jointly owned, how can you ensure you ensure you do so tax efficiently..
By default the ownership share is split equally between you and your spouse. As you are both taxed independently, this can mean an inefficient use
TAX TIP OF THE WEEK – Are you planning a new business but are unsure of its viability. What’s the most tax-efficient way to proceed?
New ventures can often be risky a business and result in losses. The good news is that there are some fall-back tax positions that can
TAX TIP OF THE WEEK – Thinking of selling your business, but worried about finding a buyer and the capital gains tax? An EOT may be your answer.
There are a few problems that owners face when trying to sell their business: There may not be a ready market to sell to Buyers
TAX TIP OF THE WEEK – Thinking of building a garden office, how could you benefit by getting your company to pay.
Since 2020 many business owners have realised that they can still operate effectively even from home. Meaning garden offices have become more popular. As a
TAX TIP OF THE WEEK – Are you looking to close or sell your company soon, then perhaps you could benefit from a redundancy package.
Employees (including directors) laid off due to a business being sold or closed down, can be entitled to statutory redundancy payments that are TAX FREE
TAX TIP OF THE WEEK – How to save stamp duty on a house purchase,
Given the average price of housing at the moment one of the biggest costs to moving or acquiring a buy-to-let investment is the stamp duty
TAX TIP OF THE WEEK – Does owning a buy to let property through a company always save tax?
With the introduction of the S.24 mortgage interest relief restriction coming in a few years ago, the standard practice seems to be purchase any new
TAX TIP OF THE WEEK – Using your home for work? Don’t be off by some of the Myths out there claiming that a tax deduction will mean you lose the CGT exemption on your home.
One of the effects of the Covid pandemic meant that working from has become more common. For this reason, you may wish to claim some