A friend has told you that his accountant was able to get him tax relief for his home mortgage interest. As relief for this type of interest ended decades ago, how was it possible and might you be
able to do the same?
Published 01.05.2024
A flexible bank holidays scheme can help you to create a more inclusive workplace and may assist with staff recruitment and retention. How do these schemes operate and what should you consider before
deciding whether to introduce one?
Published 01.05.2024
If you need to change one or more terms of an employment contract for genuine business reasons, you have three main options to effect that change. What are they and what are the risks?
Published 01.05.2024
You have the task of obtaining probate for your mother’s estate which involves completing tricky inheritance (IHT) tax forms. One of these requires you to report lifetime gifts. How might the form’s
wording cause you to miss out on an IHT exemption?
Published 30.04.2024
Your daughter has just left school and wants to take a vocational course. It will cost around £4,000. If you got your company to pay for it, will it be more tax efficient than meeting the cost from
your pocket?
Published 30.04.2024
As a sole trader you can save income tax by transferring your business to a company, but this can trigger other taxes. While these can usually be negated, there’s one tax that’s often overlooked.
What is it and can you avoid it?
Published 30.04.2024
The First-tier Tribunal (FTT) recently considered if an individual was entitled to tax relief for losses when a company he invested in went bust. It ought to have been simple but a refinancing deal
complicated matters. What did the FTT decide?
Published 30.04.2024
In 2024/25 there are six tiers of Scottish income rates and thresholds with a top rate of 48%. Our subscriber currently lives in the Scottish borders but is thinking of moving a few miles south to
England. What might he save in tax?
Published 30.04.2024
A loyal employee has suffered a disability and needs special equipment to do her job. If she also uses the equipment in her personal life, will it count as a taxable benefit for her?
Published 30.04.2024
HMRC has changed its guidance on home-to-work travel costs where an employee’s home is their workplace. How might this affect your right to tax relief?
Published 30.04.2024