The Tax Merits of the Limited Company

The Tax Merits of the Limited Company

The long-term march towards an overwhelmingly incorporated UK continues unabated. Only very recently, City AM reported that 4,890 out of 10,400 UK law firms (ie 47%) are now operating as limited companies, up from 32% five years ago. Even in the professions, the...
The Case for a Registered Pension Scheme

The Case for a Registered Pension Scheme

The Case for a Registered Pension Scheme is our offering for this week. In our opinion, this is something which virtually all of us should take seriously (and invest more in), because the tax benefits of the UK’s approved pensions regime are, to be frank, outstanding....
The Challenges of VAT

The Challenges of VAT

We are very conscious that you received a double dose of you-know-what last week, with our tax-filled monthly newsletter arriving on top of Tax Tuesday. So, today, here is some light relief (still from the fiscal world), an item which you might find entertaining and...
Tax Efficient Benefits

Tax Efficient Benefits

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?

Government Tax Changes?

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

Enterprise Management Incentives

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...