An opinion piece on how National Insurance is often ignored despite being an important and costly tax.
New tax free allowances for various types of income.
Electric cars will be more tax efficient from 2020/21
Splitting ownership of a property will have different tax implications, depending on whether the owners are married or business associates.
Following the Autumn Statement 2015, rules for Shareholders paying Income tax on pay outs when winding up a Company.
Married and Civil Partnership couples have many tax advantages including no Capital Gains, and exemptions from Inheritance Tax.
As well as paying Self-Assessment, HMRC can ask you to make Payments on Account in January and July.
Steps you can take to reduce Payments on Account to HMRC in January and July.
Describing the dangers of taking a lump sum from your pension and how to get a tax refund within 30 days of claiming it.
A guide on how 100% tax relief can be claimed on fixed assets such as plant, equipment, IT Kit etc.
Peter explains how a Director’s Loan Account works, repayment rules and s.455 tax
Describing the new Employment Allowance increase and the effect on Companies with only one Director/employee.
Peter explains the new Dividend Tax, and the new rate of tax on overdrawn Director’s Loan Accounts (s.455)
Peter explains the new income tax bands, the change in Capital Gains Tax and pension changes.
Explaining new rules on mortgage interest which will be phased in over 4 years from 2017
Explaining that from April 2016 shareholders in Limited Companies must pay an extra 7.5% tax on Dividends and what to do to reduce it.