by Lisa Dickson | Sep 30, 2024 | HMRC and tax
Strategic planning of gifts to minimise tax liabilities. Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax (IHT) liabilities while benefiting your loved ones. By carefully planning and utilising the...
by Lisa Dickson | Sep 15, 2024 | HMRC and tax
Unlock the benefits of R&D tax credits for your business. Research and development (R&D) tax credits are a crucial incentive designed to encourage businesses to innovate and invest in new technologies, processes and products. Yet, despite their significance,...
by Lisa Dickson | Aug 29, 2024 | HMRC and tax
Insights to prevent unexpected surprises. A statutory audit may sound alarming, but it’s a vital process that helps ensure a company’s financial health and compliance. Whether you’re a small business owner or part of a large corporation, understanding what...
by Lisa Dickson | Jul 15, 2024 | HMRC and tax
Capital gains tax explained Capital gains tax (CGT) is the tax on the profit you make when you sell or ‘dispose of’ an asset that has increased in value during your ownership. It is important to note that the tax is levied only on the gain made from the sale, not the...
by Lisa Dickson | May 22, 2024 | HMRC and tax
Essential tax compliance for limited companies Managing a limited company requires meticulous attention to regulatory obligations, particularly with regard to tax and accounting. Financial compliance is punctuated by a series of key deadlines and potential penalties...
by Lisa Dickson | Mar 10, 2024 | Business Advice, HMRC and tax
For UK business owners, the landscape of Corporation Tax has evolved, presenting new tiers and marginal relief considerations for 2024. Here’s a brief overview to demystify the current system and enable you to plan with confidence. How you will be impacted by the...