Indexation allowance was introduced in the 1970s to provide relief from paying tax on inflationary gains based on increases in … Read More
For a number of years there has been a generous 100% tax break for businesses that install energy saving technology … Read More
Whilst on the subject of inheritance tax planning, why not consider setting up a standing order to family members? Such … Read More
New inheritance tax rules for passing on the family home started on 6 April 2017. This new relief should be … Read More
For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit … Read More
Now is a good time to start planning your tax affairs before the end of the tax year on 5th … Read More
From 6 April 2018, unincorporated property businesses can now use a fixed rate mileage rate for business journeys by car, … Read More
Reforms to NICs will now take effect from April 2019 including abolition of Class 2. This had been previously announced … Read More
It is long established that training costs learning new skills is not tax deductible for self-employed. This is because costs … Read More
Disincorporation relief will not be extend beyond the current 31 March 2018 expiry date. HMRC