Posts Tagged: business

If you own a Furnished Holiday Let (FHL), you’ll be able to highly benefit from claiming capital allowances. (4-minute read) We will cover: The tax benefits of claiming capital allowances for FHL owners The rules surrounding capital allowance claims Furnished Holiday Let Rules But what qualifies as an FHL? To start with, it’s seen as… Read more »

If you own commercial property or even a Furnish Holiday Let (FHL), you can benefit from capital allowances. Find out more and start saving on tax! (5-minute read) We will cover: The legislation surrounding capital allowances Why so many commercial property owners fail to claim Definition Capital allowances are a type of tax relief that… Read more »

Commercial property owners can still benefit from the capital allowances super deduction at 130%. Learn more on today’s article. (3-minute read) We will cover: The allowances available for commercial property owners The types of assets eligible for tax reclaims Super deduction legislation The super deduction is a tax incentive which began as a response to… Read more »

As a business owner, you might have considered gifting shares to your family members. But what are the tax implications of gifting shares to family in the UK? (3-minute read) We will cover: The main benefits of gifting shares to your family The tax differences between transferring shares to your spouse or to your children… Read more »

Jeremy Hunt announced a range of tax hikes and spending cuts as part of his plan to try and get the country’s debt-to-GDP ratio under control by the middle of the decade.   The overall package of tax hikes and spending cuts are designed to raise £55bn for the public purse.   (4-minute read) We will cover: The… Read more »

Our article shows you how to secure your family assets in a tax-efficient way. (3-minute read) We will cover: The benefits of setting up a Family Investment Company Changes to tax treatment of this type of company What is a Family Investment Company?  A Family Investment Company (FIC) is a private company whose shareholders are… Read more »

In this article, we highlight why Family Investment Companies (FICs) will help you protect your assets for your loved ones. (5-minute read) We will cover: What are Family Investment Companies? Why you should set up alphabet shares to retain control of the company What’s a Family Investment Company (FIC)?  Many families and High Net Worth… Read more »

You could have overpaid tax on withdrawing money from your pension. Read today’s article to find out how thousands of pension savers had a tax refund and how you could do it too. (2-minute read) We will cover: How pension savers overpaid tax from withdrawing their pension money Different forms to claim a refund explained… Read more »

You could have overpaid Stamp Duty! In today’s Tax Tip, we examine how HMRC’s pension error led thousands of people to pay SDLT out of their pension funds without being liable.  (3-minute read) We will cover: Why you should reclaim SDLT (Stamp Duty Land Tax) How HMRC’s information led to many overpaying SDLT Stamp Duty… Read more »

Our article explains in what situations you can claim Capital Allowance for your Property. (4-minute read) We will cover: What qualifies as Plant & Machinery in Capital Allowances How properties can be eligible to claim this tax relief What are Capital Allowances? Under the UK tax system, a tax relief called Capital Allowance may be… Read more »