Find out how to pay less tax with up to date Tax Tips and dozens of ways to reduce your tax bill.
Tax Tips – News from HMRC – for Entrepreneurs & Individuals
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When selling a business, the consideration received may be deferred and contingent on specific events. This means the exact amount payable may be known (ascertainable) or unknown (unascertainable). Understanding the tax implications of these different types of considerations is crucial
A significant tax relief opportunity awaits commercial property owners, promising to lower future tax liabilities or even generate tax refunds for the past two years. Surprisingly, over £1 billion worth of capital allowance claims remain unclaimed. Identifying these qualifying assets
The UK tax system is notoriously complicated but understanding specific loopholes can save you a significant amount of money. Here are some strategies to consider before potential changes by the government might close these tax-saving avenues. (Read Time: Approx. 6
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
This page is not intended to constitute tax advice. The information provided in these documents are based on our understanding of current tax law; however, we do not represent or warrant the accuracy of the information contained herein, and any information provided may be incomplete or condensed. Furthermore, the suggestions contained within this document are for discussion purposes only and should not be relied on. You should seek formal tax advice before proceeding with any of the suggestions contained in these documents.
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