Personal Tax
Gifts of shares to children: direct or via a trust?
You want to give away some shares in your company to help provide an income for your children. Is it better to make a direct gift to them or should you transfer the shares to a trust with your children as beneficiaries?
Are work-related benefits for disabled persons tax free?
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?
Tax breaks for work-related training
Training your employees well is generally good for your business but there are tax and NI breaks that can sweeten the pot. What are they and how can you qualify for them?
Investing in woodlands - what are your options?
Investing in woodlands comes with several tax breaks. To make the most of these should you invest personally or through a company?
Can dividends ever be paid from loss-making company?
Dividends are generally the most tax-efficient form of income you can take from your company but they can only be paid out of profits. Despite this, might there be a way for your loss-making company to pay you a dividend?
Turning accumulated profits into gains to save tax
Business asset disposal relief (BADR) can reduce the rate of tax on capital gains. However, tricky conditions can mean that BADR is lost. How can you ensure that you don’t lose out?
Put employment income through your company to save tax?
A colleague has suggested that you can lower your tax and NI bill if your employer pays your earnings to the company you use to run a part-time business. Is he correct?
Budget 2024 - big changes to property-related taxes
The Spring 2024 Budget was a mixed bag for residential landlords. The Chancellor gave with one hand and took away with the other. As a property owner, what might the changes announced mean for you?
Threshold tax and benefit traps on families
The media like to bandy about the phrase “stealth tax”. In reality what they call stealth tax isn’t at all. However, there are genuine cliff-edge income thresholds that result in unfair tax charges. What are they and how can you avoid them?