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What are the tax implications? People run businesses for a variety of reasons from passion to pride, but making a living is high up the list for most people. How do you go about drawing profit from your business, and doing so efficiently? If your business operates as...
If you trade with a customer in the US, you may be asked to complete a W-8 form before your customer will arrange payment of your invoice. This article looks at the W-8 form in more detail and considers how a micro business would fill the W-8 form in. What is a...
Chancellor mull abolishing dividend allowance
Apprenticeships fall 31% in the last academic year
Treasury shelves plan to scrap class 2 NICs
IPPR leads call to replace inheritance tax system
Tax on Residential Property – How has devolution affected what tax you pay? First-time buyers in England, Northern Ireland – and for a short time in Wales
How to minimise business tax in 2018/19.
If there’s one thing that keeps us awake at night it’s the thought of how many British businesses are failing to claim capital allowances to which they are entitled
HMRC confirms ‘soft landing’ for Making Tax Digital
Stamp duty tax break saves first-time buyers £284m
Inheritance tax receipts reach record high of £5.2bn
SMEs cite VAT as ‘biggest administrative headache’
You’ve got a great business idea, you’ve done all the relevant market research, you have a bulletproof business plan, and you’ve forecasted your first quarters’ cash flow, but have you considered business’ legal structure?
How to make this tax break work for you. Millions of married couples and civil partners in the UK are eligible for the marriage allowance, but take-up has remained subdued since the tax break came into force on 6 April 2015. Almost half of the UK’s eligible couples...
How can you reduce your capital gains tax bill in 2018/19? Whether you’re a buy-to-let landlord, a shareholder, an art dealer or you fall somewhere in between, the chances are you will be familiar with paying capital gains tax (CGT). CGT is payable when you ‘dispose’...
Contractors criticise ‘flawed’ IR35 test
Landlords welcome tax incentives for long-term tenancies
BCC calls for further delay to digital accounts rollout
‘Tax over 40s to pay for elderly care costs’ say MPs