29/08/2017, by Tax Insider, Tax Articles - Property Taxation
Why Set Up A Trust?When a person makes an outright gift to someone, either during their lifetime or on death in their will, the new owner assumes all rights over ... Continue Reading
14/08/2017, by Tax Insider, Tax Articles - Business Tax
LoansOne of the many ways to extract cash from your family company is for the company to lend you money. This can be a useful source of short-term finance and, used ... Continue Reading
31/07/2017, by Tax Insider, Tax Articles - Property Taxation
Prior to the Finance Act 2006, the IHT treatment of trusts was relatively straightforward, such that if a beneficiary was named in a trust then that beneficiary ... Continue Reading
17/07/2017, by Tax Insider, Tax Articles - Property Taxation
The way in which you run your business will affect the amount and type of tax and National Insurance that you pay. When deciding on an appropriate structure for ... Continue Reading
26/06/2017, by Tax Insider, Tax Articles - Property Taxation
Limited Liability Companies As Asset ProtectionAs far as business is concerned, the limited liability company is probably the original and oldest ... Continue Reading
13/06/2017, by Tax Insider, Tax Articles - Property Taxation
Capital Gains Tax (CGT) is charged in the following situations, the exact circumstances of which determine who is liable for the CGT, if due.
On creation of ... Continue Reading
06/01/2014, by Tax Insider, Tax Articles - Income Tax
Advice on when to pay a salary or bonus in order to maximise cashflow benefit, from Tax Insider magazine.
Payments of remuneration by a ... Continue Reading
23/09/2013, by Tax Insider, Tax Articles - PAYE and Payroll Taxes, National Insurance, NICs
Although you have until 31 January after the end of the tax year to file your Tax Return, if you file it online by 30 December and the amount of tax that you ... Continue Reading
08/07/2013, by Tax Insider, Tax Articles - General
There is an exemption for inheritance tax purposes in addition to the £3,000 annual allowance for gifts made out of income on a regular basis.
It is important ... Continue Reading
03/06/2013, by Tax Insider, Tax Articles - Property Taxation
A CGT charge may arise on the disposal of land. In order to calculate the capital gain or loss arising, a valuation is required where:
•the land was ... Continue Reading