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Are directors' loans a good cash flow strategy or just another tax trap? Here's a straight-talking take on directors' loans. They can ease cash flow or invite HMRC scrutiny. Used with discipline, they work; misused, they hurt ... Salary or Dividends: Optimising Income for Directors Optimising income for directors: Find the balance between salaries and dividends while navigating tax changes. Improve your remuneration strategy ... Should Directors Use Salary Sacrifice To Reduce Income Tax And National Insurance? Discover how salary sacrifice to reduce tax helps directors cut NI, boost pensions, and streamline payroll ... UK Unveils Amnesty For Covid Loan Debtors: Your Last Clean-Slate Chance The UK’s new amnesty for Covid loan debtors lets you repay quietly before tougher sanctions arrive ... Understanding The 10-Year Charge On Trusts Without The Headaches Understand the 10-Year charge on trusts, how it’s calculated, deadlines, and how to stay compliant with HMRC ... HMRC Pension Relief Crackdown: What Higher-Rate Taxpayers Need To Know HMRC pension relief crackdown: tighter checks, no phone claims, evidence needed for higher rate taxpayers from Sept 2025 ... HMRC Taking A Good Look At Savvy Online Sellers Online sellers react to HMRC's new data sharing initiative to tackle tax evasion. Mixed reactions from online sellers ...,
Why Inheriting A Pension Could Become Painfully Taxing Inheriting a pension? Learn how it may affect your taxes and how to protect your family's wealth. Avoid the RNRB trap. Practical steps to mitigate Rethinking Taxation: The Case for Taxing Income from Wealth, Not Work Taxing income from wealth gains traction in UK, shifting focus from work. Explore the potential impact of this fiscal policy alternative ... HMRC Warns Against Stamp Duty Rogue Agents: Stay Vigilant! Homebuyers are urged to be wary of rogue agents promoting fraudulent stamp duty repayment claims, following a Court of Appeal decision ... The Ins and Outs of Employing Young People The first thing to consider when employing young people is their age. Children under the age of 13 are not allowed to work except in certain circumstances. However, there are a number of restrictions for all individuals under the age of 18 ... Unpacking the Property Tax Advantages of Being Married Maximize property tax advantages with marriage. Transfer assets and allocate income wisely to minimize tax liabilities ... Exploring Alternatives to a Wealth Tax: Practical Solutions for Raising Revenue Explore potential wealth tax strategies for the UK, including Capital Gains Tax reforms and Inheritance Tax simplifications, to increase revenues ... New Regulations to Fine Crypto-Investors £300 for Non-Disclosure UK crypto-investors face new regulations in 2026 under the OECD Cryptoasset Reporting Framework. Avoid penalties by disclosing transactions ... Understanding Side Hustle Taxation: Essential Tips from HMRC Stay on top of side hustle taxation with HMRC guidelines. Register and file a self-assessment tax return for earnings over £1,000 by January ... The Dangers of Raising Capital Gains Tax Rates at the Autumn Budget Capital gains tax is under scrutiny as the Chancellor considers potential hikes to fill budget gaps, but such moves could backfire on economic growth ... Tax Freedom Day Falls Three Weeks Later in 2025 Tax Freedom Day in 2025 has shifted to 12 June, signaling a concerning trend. Explore strategies to bring yours closer ... Unlock Extra Income with the Rent A Room Scheme Earn up to £7,500 tax-free with the Rent A Room Scheme. Perfect for homeowners or renters looking for extra income ...
How VAT on Private School Fees Triggered a 22.6% Rise in Education Costs VAT on private school fees causes 22.6% increase in costs. Enrolment declines raise concerns for future of private education ... Trusts Did Not Benefit Family in £442k Inheritance Tax Case A recent case challenged HMRC's view on trust benefits in inheritance tax matters, highlighting complexities in tax law ... Maximising Tax Relief on Pensions The implications of tax policy changes can significantly impact individual financial planning, and strategic pension contributions serve as a vital tool in mitigating these effects ... The Future of Small Pension Pots The landscape of retirement savings in the UK is changing, especially concerning small pension pots ... Stamp Duty: The £6.6M Property That Cost An Extra £475K Few events are as nerve-wracking as encountering unexpected tax demands following a significant purchase ... More Than 1.1 Million Savers Affected by New Tax on Savings More than 1.1 million savers across the country have been impacted by a burgeoning tax on savings ... The Perils Of Gifting Cash To Your Children Gifting cash for a property purchase is a common way parents support their offspring in securing a home ... Do You Need To Make A Voluntary Disclosure To HMRC? With the introduction of new computer systems, it is increasingly difficult to keep things hidden from HMRC ... Time is Running Out to Top Up Your State Pension As individuals approach their retirement years, the importance of a robust financial plan becomes paramount ... Writing Life Insurance in Trust Can Benefit Your Estate Inheritance Tax (IHT) is a complex and often daunting subject for many individuals and families ... ATED: Annual Tax On Enveloped Dwellings Deadline Are you due to submit your Annual Tax on Enveloped Dwellings (ATED) soon? You may need to even with no tax due ... Don’t Miss Out on Your Tax Free Allowances As the final weeks of the 2024-25 tax year approach, taxpayers are aware of an impending deadline: the 5th of April ... Many Electric Vehicle Owners Unaware of Looming Road Tax The landscape of electric vehicle EV ownership is set to undergo a significant transformation in terms of fiscal responsibilities as 83% of EV owners remain oblivious to a looming £195 road tax bill that will be implemented from the 1st of April 2025 ... |
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