Posts Tagged: Tax

Stamp Duty Refund On Uninhabitable Property

Here’s a scenario that could get you a Stamp Duty refund that you might not be aware about. (2-minute read) We will cover: What makes a property ‘uninhabitable’ The rules surrounding Stamp Duty refunds for uninhabitable property Here’s an important topic that could significantly impact your property investments: potential Stamp Duty Land Tax (SDLT) refunds… Read more »

Stamp Duty Multiple Dwelling Relief

If you’re considering a purchase of multiple properties, read our comprehensive guide on Stamp Duty Multiple Dwelling Relief. (6-minute read) We will cover: The list of criteria to be eligible for Multiple Dwellings Relief (MDR) How your Stamp Duty will be reduced by this relief Stamp Duty Multiple Dwellings Relief: Granny Annex  Are you considering… Read more »

Transferring Shares to Family Members: A Comprehensive Guide

Are you a private company owner? Our guide will help you understand the tax implications of transferring shares to family members. We’ll explain the taxes you might need to pay, and talk about any tax breaks you could get. (6-minute read) We will cover: The tax implications of transferring shares to family members How these… Read more »

Unlocking the Value of Capital Allowances on Fixtures and Fittings

The fixtures and fittings within your office, Furnished Holiday Let or commercial property may provide you with invaluable savings that could be used to grow your business. On today’s Tax Tip, find out how to claim capital allowances on fixtures and fittings. (4-minute read) We will cover: What are fixtures and fittings, plant and machinery… Read more »

Can You Transfer Property to Limited Company Without Stamp Duty?

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 »

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 »