Umar Memon
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Capital allowances for plant and machinery
How to minimise business tax in 2018/19 If there’s one thing that keeps us awake at night it’s the thought of how many British businesses are failing to claim capital allowances to which they are entitled – worth billions of… Read more Capital allowances for plant and machinery
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Tax on residential property
How has devolution affected what tax you pay? First-time buyers in England, Northern Ireland – and for a short time in Wales – were the biggest winners in the most recent shake-up to affect property taxes in Autumn Budget 2017.… Read more Tax on residential property
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The marriage allowance explained
How to make this tax break work for you Millions of married couples and civil partners in the UK are eligible for the marriage allowance, but take-up has remained subdued since the tax break came into force on 6 April… Read more The marriage allowance explained
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Capital gains tax planning
How can you reduce your capital gains tax bill in 2018/19? Whether you’re a buy-to-let landlord, a shareholder, an art dealer or you fall somewhere in between, the chances are you will be familiar with paying capital gains tax (CGT).… Read more Capital gains tax planning
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Making Tax Digital for VAT-registered businesses
Obligations from 1 April 2019 onwards Although the Making Tax Digital (MTD) regime has suffered several setbacks and delays, MTD for VAT remains on course to take effect from its planned implementation date of 1 April 2019. Under the scheme,… Read more Making Tax Digital for VAT-registered businesses
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Furnished holiday lettings
The pros and cons of letting furnished holiday accommodation When furnished holiday property is let on a commercial basis for short periods, the owner can benefit from certain tax reliefs which wouldn’t otherwise be available to residential landlords, providing certain… Read more Furnished holiday lettings
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Understanding IR35
A brief guide to the tax implications of IR35 IR35 is the shorthand name for tax rules concerning the provision of personal services through intermediaries. These rules came into effect on 6 April 2000, but they were significantly amended from… Read more Understanding IR35
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Travel and Subsistence
Your obligations for reporting travel expenses Many employees need to travel as part of their job for various reasons, whether it’s acquiring new customers, working with current ones or attending conferences and events. The system of benefits and taxation surrounding… Read more Travel and Subsistence
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Personal Tax Planning
How to reduce what you owe the taxman Nobody wants the taxman to take more than his fair share, and planning your finances early on can ensure you adopt the most tax-efficient strategy for the months and years ahead. Effective… Read more Personal Tax Planning
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Company cars
What’s new for 2018/19? Despite year-on-year tax rises, company cars remain a popular benefit. While the tax cost of expensive high-emission cars can be eye-watering, by choosing carefully it’s possible to enjoy the convenience that comes with a company car… Read more Company cars
