What is a trivial benefit?

What is a trivial benefit?

It is sometimes the little things that matter and employee satisfaction and engagement is forefront for many employers. As a business owner in the UK, understanding how to effectively make use of tax-efficient benefits for your employees is essential. One option to...
Holding Companies: To have and to hold

Holding Companies: To have and to hold

We often receive questions about the intricacies of holding companies. These queries typically range from compliance, taxation issues and operational challenges. In this Tax Tuesday, we break down what a holding company is and highlight six reasons why this...
Challenging the fundamentals – VAT on Education

Challenging the fundamentals – VAT on Education

With the General Election bringing potential for a Labour government led by Sir Keir Starmer, there’s speculation that VAT at the standard rate could be imposed on private school fees. Applying VAT to private school fees involves more than just increasing the...
Maximising pension contributions and tax implications

Maximising pension contributions and tax implications

When it comes to making tax advantaged pension contributions, one of the unfamiliar yet highly effective strategies for maximising pension contributions involves carrying forward unused annual allowances from the previous three tax years. This can be significant,...
Director pay – weighing up salary vs dividends

Director pay – weighing up salary vs dividends

A common question we are asked by directors is ‘what is the best way to take income from my company?’ There is an abundance of solutions, but which is the most tax efficient? This Tax Tuesday, we share our top strategies for extracting income from your company with...