Family members, particularly your spouse or children, can provide tax advantages if done correctly. However, it is essential to understand and comply with HMRC guidelines to avoid any potential challenges. (Read Time: Approx. 5 minutes) Topics Discussed: Guidelines and Compliance

Crafting a tax-efficient will is paramount to ensuring that your wealth benefits your loved ones rather than being diminished by taxes. Dying without an effective will, or intestate, allows the law to decide who inherits your assets, often resulting in

When dealing with HMRC, there’s a spectrum of opinion on how much information to disclose. While some taxpayers feel compelled to divulge extensive details, others remain tight-lipped. However, finding a balance is essential. (Read Time: Approx. 4 minutes) Topics Discussed:

Extracting profits from a company in a tax-efficient manner is a complex but important task for company owners. Factors such as business type, activities, size, and family shareholders, alongside available profits, play a significant role in determining the best approach.

Creating new share classes in a family company can be a strategic way to split income among family members, but it comes with its own set of tax considerations. This week, we look at the key tax consequences, anti-avoidance provisions,

HMRC has delivered an unexpected yet advantageous update for shareholders. With the official rate of interest (ORI) for employee loans remaining remarkably low, there’s a unique window for savvy financial planning. Discover how leveraging company funds can significantly reduce your