How to reward and retain staff. (5-minute read) We will cover: Employee share schemes available in the UK The best way to go forward with share incentivisation What are employee share schemes? Employee share schemes, otherwise known as share incentivisation, is a way to motivate employees. With these schemes, employers can reward their staff with… Read more »
Posts Tagged: pensions
Are gifts to charity exempt from Inheritance Tax? And other IHT implications
Find out if gifts to charity are exempt from Inheritance Tax, along with other situations that make you exempt or give you relief from IHT. (6-minute read) We will cover: What IHT reliefs are available The annual limits for tax-free cash gifts At a glance Firstly, there are various lifetime and death exemptions and reliefs… Read more »
Tax free benefits for employees
Our article lists many examples of tax free benefits for employees. (3-minute read) We will cover: The advantages of rewarding your employees Some examples of benefits which are free of tax Tax free rewards for your employees What are the key tax-free benefits or ‘perks’ that can incentivise your staff? You can provide an employee… Read more »
How long to get Stamp Duty refund?
There are many situations in which you can get a Stamp Duty refund. But how long does it take? (3-minute read) We will cover: What are the situations in which you might have overpaid SDLT How to request a refund from HMRC What is Stamp Duty Land Tax? Stamp Duty Land Tax is a tax… Read more »
Unclaimed Asset Register: Find out if you’re among the £50bn in dormant assets!
Millions of Britons haven’t claimed a total of £50bn in assets. Find out more about the easiest ways to trace them back through an unclaimed asset register. (3-minute read) We will cover: The available unclaimed assets registers available in the UK How to claim your lost old bank accounts and pension funds How to find… Read more »
Alphabet Shares
In today’s tax tip, find out more about alphabet shares for your company. (5-minute read) We will cover: How alphabet shares work and the reliefs available When HMRC denies tax relief on employment share schemes What are alphabet shares? Firstly, alphabet shares refer to different classes of shares. A company can choose to give shares… Read more »
How are bonuses taxed in the UK?
Find out how HMRC taxes cash and non-cash bonuses for employees. (2-minute read) We will cover: How HMRC taxes bonuses What is a salary sacrifice and how it saves tax on bonuses How are bonuses taxed in the UK? Cash bonuses can be a great incentive to employees, and also of great benefit to employers… Read more »
Business Property Relief investments
Investment companies can get BPR (Business Property Relief) with proper planning. Read our article to find out more. (4-minute read) We will cover: What companies qualify for Inheritance Tax (IHT) relief How to plan ahead to qualify for BPR (Business Property Relief) A business switch that could save you thousands When a shareholder dies, shares… Read more »
Mini Budget 2022 – What it means to you
Find out how this year’s mini budget affects you. (5-minute read) We will cover: How the mini budget affects different areas such as stamp duty How these measures affect you What is the mini budget? It was not a full Budget, the Government insisted, because if it had been the Office for Budget Responsibility (OBR)… Read more »
Capital reduction
Situations in which you can reduce your company’s share capital to create a tax refund. (3-minute read) We will cover: What is capital reduction and when does it apply How to make a special resolution to effect capital reduction What is capital reduction? Capital reduction reduces the share capital of a company. A capital… Read more »