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...
Latest News
When is the 2024 Spring Budget?
Chancellor Jeremy Hunt will deliver his 2024 Spring Budget on Wednesday 6 March 2024. What time is the Budget? The Budget is expected to take place at about 12:30 pm, straight after PMQs. The first part of the statement typically begins with a review of the...
Tax return tips for self-employed business owners
As a self-employed business owner, you may find it hard to keep on top of tracking accounting records, taxes and expense claims when submitting your self-assessment tax return. Hiring an accountant could benefit you with the following points. There are many different...
Tax or treat? Don’t be spooked! 5 ways to avoid a tax fright
The leaves are falling and the jack-o’-lanterns are out, which means one thing… Halloween season is amongst us. Ensure that your tax affairs do not turn into a nightmare. Here are our 5 tax tips to avoid a horror story emerging for you this tax year. 1. Double, double...
Trivial benefits
Employers can provide trivial benefits to employees without incurring tax liabilities. To qualify as a trivial benefit, a number of conditions must be met which are that the: Cost of providing the benefit does not exceed £50 Benefit is not cash or a cash voucher...
Christmas parties and staff gifts – a tax guide
With the festive period now approaching, we are often asked by employers about the tax treatment of providing a staff Christmas party or giving Christmas gifts to employees. Here is a quick reminder of the rules for the tax year 2023/24.STAFF PARTIES What Christmas...
Setting up a company in Dubai common questions/problems/misconceptions
Although it is relatively easy to setup a company in Dubai, it is very difficult not to pay UK taxes. The problem is when an individual is looking to setup a business in Dubai to reap the generous tax benefits the individual or the business cannot be connected to the...
Average inheritance tax bill reaches £214K
With house prices soaring, more estates are now being subject to inheritance tax as the average inheritance tax bill reaches £214K. In the 2020-21 tax year, inheritance tax was charged on 27,000 estates. An increase of 4,000 compared to the previous year. This raised...
Easing of tax rules for divorcing couples confirmed
New legislation easing the tax rules for divorcing couples has received Royal Assent. This confirms announcements made by the Chancellor in the Spring Budget 2023. The changes apply in relation to disposals of assets made on or after 6 April 2023. What were...
Tax Nomads – No Tax!?
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...
When is the 2024 Spring Budget?
Chancellor Jeremy Hunt will deliver his 2024 Spring Budget on Wednesday 6 March 2024. What time is the Budget? The Budget is expected to take place at about 12:30 pm, straight after PMQs. The first part of the statement typically begins with a review of the...
Tax return tips for self-employed business owners
As a self-employed business owner, you may find it hard to keep on top of tracking accounting records, taxes and expense claims when submitting your self-assessment tax return. Hiring an accountant could benefit you with the following points. There are many different...