Did you know that your civil partner or spouse can inherit your ISA savings without being subject to inheritance tax? How does inheritance tax work? Here are some inheritance tax basics: Nil-rate band: similar to [...]
As of April 6th, the Welsh Assembly’s new devolved taxation powers come into effect. This means that a designated amount of the income tax raised in Wales is directly controlled by the Welsh Assembly. The [...]
Business rates are a tax on property that is used for commercial purposes, most buildings that aren’t aren’t for people to live in. It is separate to the other taxes that business owners must pay, [...]
If you’ve noticed an increase in the price of your favourite fizzy pop recently, it’s most likely due to the government’s ‘Soft Drinks Industry Levy’ , or ‘Sugar Tax’ – as it has become known. In [...]
Research and Development (R&D) Tax Credits are part of the government’s drive to boost investment in British innovation. Essentially, it is Corporation Tax relief. Currently, only 10% of eligible businesses are claiming; which leaves 90% [...]
The amount of income tax you pay depends on how much you earn. There is great news as we start our 2018-19 tax year, with increased thresholds for the Personal Allowance, Basic Rate and Higher [...]
Low corporate tax rates can promote healthy levels of competition, encourage investment and create jobs, yet certain leading countries still maintain extremely high corporate tax rates. Businesses are constantly making pleas for reduction in their [...]
Deloitte presents winners and losers at a glance The Budget 2013
Tax Increase & People Leaving The UK It has been reported that two thirds of Britain’s top earners appear to have left the UK after the 50p top tax rate was introduced. The amount of [...]
Do I Need An Accountant? With the self assessment tax return deadline fast approaching it is a question some people will be asking - do I need an accountant? It is sometimes best to get [...]
