Posts Tagged: Benefits

Save On Stamp Duty

Here’s some cornerstone information you need to know if you’re wanting to save on stamp duty when purchasing property. (5-minute read) We will cover: Strategies to save on Stamp Duty when purchasing property How to avoid the 3% surcharge in Stamp Duty Strategies to Save Stamp Duty – Introduction Stamp Duty, or Stamp Duty Land… Read more »

Is It Worth Paying Class 3 Voluntary Contributions?

Is it worth paying Class 3 voluntary contributions? On today’s blog, we outline all the intricacies about voluntary National Insurance Contributions (NICs). (5-minute read) We will cover: How National Insurance Contributions help boost your State Pension Why you should fill in any gaps in your NICs Is it worth paying voluntary NI contributions? Voluntary contributions… Read more »

SDLT Relief For Probate Property

If you’re a property trader, you may have an advantage when it comes to Stamp Duty exemptions. Let’s take a look at the requirements for Stamp Duty relief on probate property. (5-minute read) We will cover: How to get SDLT relief on a probate property Conditions to qualify for exemptions Stamp Duty on probate property… Read more »

Do Pension Contributions Reduce Your Taxable Income?

Did you know that pension contributions will significantly reduce your taxable income? Discover the powerful strategy that could save over 55s a significant amount on their tax bill. (5-minute read) We will cover: How much you can save with pension contributions Tax legislation on pensions Introduction The latest estimates from HMRC and the Office of… Read more »

Corporate Tax Planning: Extracting Profits

As a business owner, extracting profits tax-efficiently requires ideal corporate tax planning. We’ll help you do exactly that in this guide, by helping you become familiar with the aspects you need to keep in mind. (7-minute read) We will cover: Tax considerations of extracting profits How to plan for tax-efficiency Profit extraction The method in… Read more »

Stamp Duty On Commercial Property: What You Need To Know

Commercial or ‘non-residential’ property has specific tax rules, as well as exemptions and reliefs which you can apply for. Find out everything you need to know: (6-minute read) We will cover: HMRC rules and reliefs for stamp duty on commercial property How to navigate the stamp duty process Rules and regulations If you’re thinking about… Read more »

FIC LLPs (Part Two): Tax-Efficient Investments For Higher Rate Taxpayers

In this article, we look more closely at tax-efficient company structures for higher rate taxpayers, namely Family Investment Company LLPs. (4-minute read) We will cover: Why Family Investment LLPs are part of a tax-efficient strategy How these structures can help you save tax Tax-efficient investments for higher rate taxpayers: An introduction If you’re a higher-rate… Read more »

Family Investment Company LLP Tax (Part One)

Do you know the tax benefits of setting up a Family Investment Company LLP? Find out how it can benefit your business. (6-minute read) We will cover: The tax treatment of FICs and LLPs How a hybrid structure can benefit you and your family Family Investment Company vs LLP Tax A Family Investment Company (FIC)… Read more »

Slash Your Tax Bill With Your Furnished Holiday Let: Start Saving Today!

In this week’s Tax Tip, we’ll provide you with some important information about your Furnished Holiday Let (FHL) that could slash your tax bill. (3-minute read) We will cover: The potential tax advantages of owning a Furnished Holiday Let The requirements for a business to qualify as an FHL Furnished Holiday Letting (FHL) FHL is… Read more »

Family Investment Company vs Trust

A Family Investment Company vs Trust is a practical consideration when choosing the best way to manage family wealth and assets in the UK. While both structures offer benefits and drawbacks, choosing between them requires careful consideration and understanding of their key features. In this guide, we’ll explore the differences between FICs and trusts including… Read more »