Full Expensing: A Game-Changer for UK Capital Investment, the end of the Super-deduction, and other Corporation Tax changes
In recent years, full expensing has emerged as a powerful incentive for businesses to maximise their investments and minimise their corporation tax liabilities. As the… Read More »Full Expensing: A Game-Changer for UK Capital Investment, the end of the Super-deduction, and other Corporation Tax changes
Business property relief Business property relief (BPR) is a way for UK businesses to reduce or eliminate inheritance tax on certain business assets. BPR was… Read More »It is possible to reduce inheritance tax by using the business property relief
When Companies Pay Interest on a Loan from Individuals in the UK, Withholding Tax Deduction and CT61: An Overview for UK resident taxpayer
As a business owner or investor in the UK, it is important to understand the rules and processes involved in receiving interest from companies. In this article, we cover withholding tax, the CT61 form, and how to claim a tax credit for withheld tax. Get the information you need to comply with UK tax laws and ensure that you are accurately reporting your income.