If you’re self-employed, whether you’re running a full-time business or just doing some freelance work on the side, now is the time to think about changing your accounting year. Why?
Published 09.03.2010
You’ve heard on the grapevine that by taking your personal pension earlier than planned there are a couple of ways you can dodge some of the new higher taxes that come in force from April 6. Is this
true and, if so, how does it work?
Published 09.03.2010
It’s nice to do your bit for charity by making a donation. It’s even better when the Taxman rewards you by knocking a bit off your tax bill for your generosity. But did you know you can actually make
a profit on the deal courtesy of HMRC?
Published 03.12.2009
For 2016/17 using your basic personal tax-free allowance, starting tax rate and the new zero rate bands for savings income and dividends allows you to engineer up to £22,000 tax free. How is it done?
Published 28.06.2016
HMRC’s view was that interest earned on joint savings accounts by spouses must be taxed on a 50/50 basis. It has now quietly changed its view. Might this provide a chance for you and your spouse to
reduce your joint tax bill?
Published 28.11.2011
Like adults, children have an annual tax allowance, currently £6,035. But most children won’t use all of this, so can parents transfer some of their savings into their child’s bank account to benefit
from tax-free interest?
Published 15.01.2009
You’re aware that sharing your company’s income with your spouse can save tax but aren’t sure how to do this in practice for the maximum tax advantage. What tips or traps should you be aware of?
Published 07.04.2022
From April 6 2008 the new income shifting law threatens to increase tax bills for all business owners who share out their business profits. Is there anything you can do now to protect yourself and
your business from this new law?
Published 28.02.2008
If you’re in the Taxman’s 50% tax club, you’ll welcome the proposed cut to 45% effective from next April. But what steps can you take now to maximise the tax saving from this?
Published 11.07.2012
Mr Osborne backed up some stark warnings in his Budget with serious tweaks to the tax regime. Here’s our take on a couple of the most important changes.
Published 07.07.2010