Can you utilise your pensions annual allowance for a tax year where you have no earnings?
10th May 2024 | Posted in Articles by Andrew Marr
Most people are aware of the annual allowance which exists for pension contributions. In years up to 2022/23 the annual allowance…
Read more
Take a cheap mortgage from your company!
3rd May 2024 | Posted in Articles by Andrew Marr
Perhaps surprisingly, HMRC has announced that the official rate of interest (ORI) for employee loans will remain at only 2.25% for…
Read more
Spread bet your way to a tax-free remittance?
30th April 2024 | Posted in Articles by Andrew Marr
The remittance basis of taxation can apply to non-UK domiciled individuals. This means that in certain tax years they could escape…
Read more
Business Asset Disposal Relief (‘BADR’) for 4.9% shareholdings?
19th April 2024 | Posted in Articles by Andrew Marr
When shareholders seek to claim the special 10% BADR capital gains tax rate it is a fairly well-established principle that they…
Read more
The stamp duty land tax (SDLT) risk of de-enveloping property companies
12th April 2024 | Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Andrew Marr
FA 2003 section 75A is the main piece of SDLT anti-avoidance legislation that HMRC has at its disposal to attack certain…
Read moreEmployment-related securities (‘ERS’) reporting
10th April 2024 | Posted in Articles, Employment-related securities (ERS) by Forbes Dawson
If you own a limited company which operates a share plan, or have had any share transactions involving employees or directors,…
Read more
Double trouble when winding down unwanted offshore property structures
5th April 2024 | Posted in Articles, Capital Gains Tax by Andrew Marr
It used to be common practice for non-domiciled individuals to hold UK residential property through an offshore company. That way, a…
Read more
The name is Bond, Insurance Bond
25th March 2024 | Posted in Articles by Marianne Cain
Gains on insurance bonds are taxed in a somewhat unintuitive way. Gains are charged to income tax and the amount taxed…
Read moreTax Table 2024
19th March 2024 | Posted in Articles, Budget by Forbes Dawson
Following the recent Budget please follow this link to our table summarising the tax rates for the 2024/25 tax year. As…
Read more
Last chance saloon for Multiple Dwellings
18th March 2024 | Posted in Articles, Stamp Duty Land Tax by Andrew Marr
It was announced in the recent Budget that Multiple Dwellings Relief (MDR) will be abolished from 1 June 2024. Any contracts…
Read more
