Posts Tagged: Tax Rules

If you’re considering whether it is wise to transfer property to a limited company, and about the Stamp Duty implications of doing so, read our in-depth explanation. (5-minute read) We will cover: How Stamp Duty is calculated when you buy property through a company The scenarios in which you might benefit from transferring property to… Read more »

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? 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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »