Tax Efficient Benefits

8 Oct 2019 | Taxation, Tax Tuesday

Last week, KPMG, one of our main competitors (!!), decided to take back mobile phones previously issued to a large number of administrative staff (as part of a cost-cutting drive they have going on there at the moment). Those mobiles were not only very useful to their...

Government Tax Changes?

1 Oct 2019 | Taxation, Tax Tuesday

There are three particular “plans” for tax changes which the government allegedly has in mind, at this most unusual time in UK politics and economics. These are: the suggestion that the basic rate band threshold might be increased, from its current level of £50,000,...

Enterprise Management Incentives

24 Sep 2019 | Taxation, Tax Tuesday

We love EMI and we recommend that it is added to the armoury of all our client companies where we can see that it might be powerful in recruiting, retaining and motivating key personnel. Now is a perfect opportunity to explain why. The Enterprise Management Incentives...

Reform of IR35

17 Sep 2019 | Taxation, Tax Tuesday

Contractors operating through your own Personal Service Companies (PSC’s), and all “non-small” corporate Customers who engage such PSC’s, please all take heed. “IR35” is the name given to the longstanding tax law which seeks to identify where apparently...

Buy-to-let properties and CGT

10 Sep 2019 | Taxation, Tax Tuesday

CGT on the disposal of buy-to-let residential properties is not always easy to mitigate, but there are things which can be done. Firstly, note that the headline rate of tax on gains arising from disposals of buy-to-let property is 28% (or 18% to the extent that your...

Death and Taxes

3 Sep 2019 | Taxation, Tax Tuesday

For our first entry to the Tuesday Tax blog, please allow us to refer, of course, to the “certainties of life”……………