Posts Tagged: business owner

SDLT is one of the most intricately legislated areas of tax law, and Stamp Duty rates vary drastically. Today we’ll be sharing our top tips to help you save like a Tax Expert. (5 minute read) Today we’ll be discussing: Reducing your SDLT rates Avoiding the 3% additional property surcharge Making the most of reliefs… Read more »

Tax on buy-to let properties is often the deciding factor for whether to hold property personally or via a company. Let’s go over the differences so you can make an informed choice. (3 minute read) Today we’ll be discussing: How tax on buy-to-let properties differs between personal and company property How to get the lowest… Read more »

Your staff uniforms could be causing you to breach minimum wage rules. Here’s why (and how to comply). Find out about the Uniform Allowance HMRC provides. (4 minute read) In today’s top tip: How HMRC assess whether you’re paying appropriate wages Why staff uniforms can cause problems How to avoid breaking wage regulations Minimum Wage… Read more »

Thinking about swapping to a zero or low-emissions vehicle? You could get a very generous electric vehicle loan from the government. There’s no time like the present! (4 minute read) Today we’ll be discussing: How to claim your interest-free electric vehicle loan How much you could receive Other available grants for zero and low-emissions vehicles… Read more »

You’re probably familiar with tax perks, but how much can they stack up and save? Here’s how to pay less tax with some simple steps. (5 minute read) Today’s Friday Tax Tip explains: How tax perks stack together Common allowances you can claim How to pay less tax Personal Allowance You’re likely already aware of… Read more »

You’ve only got until March 2023 to claim up to £1 million in Annual Investment Allowance, don’t miss out! (4 minute read) Today’s Friday Tax Tip explains: What is Annual Investment Allowance? How much you can claim How to claim it What is Annual Investment Allowance? The Annual Investment Allowance is a Capital Allowance that… Read more »

There’s never been a better time to show your long-term employees you value them. And there’s no better way to do that than a long-term service award. (5 minute read) Today’s tip will explain: The current climate of employee turnover How to reward and encourage employee longevity Can a Long-term Service Award Promote Employee Loyalty?… Read more »

University students and tax don’t often mix. But when your children are grown up and heading into higher education, it pays to plan ahead. (4 minute read) Today’s tip will explain: What financial support is expected of parents when children go to university How to support your university students and tax obligations University Students and… Read more »

Although the Corporation Tax rise won’t officially hit until next year, some businesses are already feeling the pressure. Here’s how to plan for 2023. (3 minute read) Today’s tip will explain: What the Corporation Tax rise means for you Cutting the costs before they’re incurred What’s New? Rishi Sunak announced several huge changes to tax… Read more »

There’s no time like the present to boost your record-keeping skills. Here’s how long to keep business records UK! (3 minute read) Today we’re learning: Which documents to keep How long to keep business records UK Top tips for record-keeping Top Tip: If you’re the type to get buried beneath a mass of unordered paper,… Read more »