Capital gains tax planning
When you buy an item with the intention of selling it for a profit, that transaction is treated as a trade and you should pay income tax on the profit you make on the sale.
Insider June 2017
Expenses and benefits deadline looms
Personal tax planning
The UK tax system provides reliefs and allowances to encourage you to spend or invest in certain ways. Using those reliefs as they are intended is the fiscal equivalent of obeying the Highway Code. If you divert from that code, by parking incorrectly, you would expect a penalty. The tax system also imposes penalties to discourage bad behaviour.
Investing in small companies
Starting a business is rarely glamourous. Many of the globe-straddling behemoths of the business world had low key beginnings.
Insider May 2017
Insider May 2017 Gender pay gap reporting becomes law Gender pay gap reporting becomes law Employers with more than 250 staff are now required by law to [...]
Insider April 2017
Lack of funds prevents business opportunities
Improving cashflow
If your business does not have a steady stream of money flowing into it, you will be unlikely to be a going concern in 12 months.
Employee benefits
Most employers provide a range of benefits in kind to their employees. You may be able to choose which benefits to take up, so you should be aware of the different tax and national insurance (NI) implications of each benefit you pick.
Tax Card 2017/18
TAXABLE INCOME BANDS AND TAX RATES 2017/18 2016/17 Starting rate of 0% on savings up to £5,000* £5,000* Basic rate band Scottish basic rate [...]
Residence and domicile
A guide to the rules as they affect individuals, and why they matter.