Today, Chancellor Jeremy Hunt announced his 2024 Spring Budget where he summarised the UK economic performance and announced his proposals for tax. We highlight below some of the key tax changes announced. National Insurance Contributions cut From April 2024,...
The cyber security criminals aren’t giving up, and they’re not just doubling down either. They are now tripling down. They even have virtual “ransomware supermarkets” for criminals to pop in and buy ransomware in a box with a set of instructions so even more criminals...
HMRC has published new advisory fuel rates for company car users which take effect from 1 March 2024. The new rates reflect a reduction of 1p per mile for most petrol and diesel engine cars compared to the previous quarter. Petrol cars with an engine size over 2000cc...
HMRC have announced that from April 2026, the reporting and payment of income tax and Class 1A National Insurance Contributions (NIC) on benefits in kind will be required to be made through payroll software. This is a significant development and will affect all...
Considering popping the question on Valentine’s Day? Here we look at some of the various tax credits and breaks married couples can benefit from and how it can pay to get married. The Marriage Allowance | Inheritance Tax | Pay less Capital Gains Tax | Reduce Income...
In this article, we are going to outline some of the problems that might arise if the transition to employee ownership is not managed and advised on correctly.Valuation of the company When selling your business to an EOT it is very important that you keep the...
An employee ownership trust (“EOT”) is a trust that is set up to acquire shares in a trading company and holds them on behalf of the employees of the company. There are several benefits to both the employees and the sellers disposing of their shares to the trust, both...
An Employee Ownership Trust (“EOT”) is a trust that acquires shares in a company and holds them on behalf of the employees. It is an increasingly popular exit strategy for shareholders, which offers attractive tax incentives and peace of mind over the succession of...
No Tax !? Here’s a list of questions that I get asked regularly How can I avoid paying taxes? What is the best way to pay no tax? What is the most tax efficient way to pay less tax? How can I reduce my tax? I am now prepared to share an answer for FREE. Don’t live...
Today, Chancellor Jeremy Hunt announced his 2024 Spring Budget where he summarised the UK economic performance and announced his proposals for tax. We highlight below some of the key tax changes announced. National Insurance Contributions cut From April 2024,...
The cyber security criminals aren’t giving up, and they’re not just doubling down either. They are now tripling down. They even have virtual “ransomware supermarkets” for criminals to pop in and buy ransomware in a box with a set of instructions so even more criminals...
HMRC has published new advisory fuel rates for company car users which take effect from 1 March 2024. The new rates reflect a reduction of 1p per mile for most petrol and diesel engine cars compared to the previous quarter. Petrol cars with an engine size over 2000cc...