When is BIK more tax efficient than salary and dividends? Â
For many years the most tax-efficient method of withdrawing monies from a company by a sole director/owner has been to take salary up to the …
Tax implications of employer-provided vans
Benefits in kind (BIK) are goods and services provided to an employee (or a member of their family or household) for free or at significantly …
When a dwelling is uninhabitable – SDLT
Stamp duty land tax (SDLT) is charged at the residential rates on residential property and at the non-residential rates on non-residential or mixed property. For …
Gift FHL by 5 April 2025 to benefit from hold-over relief
The favourable tax regime for Furnished Holiday Lettings (FHL) is to come to an end on 5 April 2025. This will mean that landlords of …
Planned changes to agricultural property relief
Protests by farmers following the October 2024 Budget have catapulted agricultural property relief (APR) into the spotlight. But what is the relief, who can benefit …
The Evolving Role of Company Secretaries in Corporate Governance
In the rapidly changing corporate landscape, the role of the company secretary has undergone a remarkable transformation. Once considered purely administrative, today’s company secretaries are …
Impact of increase in SDLT supplement
Despite the shortage in rental accommodation, investment in residential property is out of favour. In her Autumn Budget, the Chancellor increased the cost of buying …
Time to sell the investment property?
One of the few pleasant surprises in the Autumn 2024 Budget was that the Chancellor did not increase the rate of capital gains tax on …
Pre-trading loan trap – sole trader v company tax reliefÂ
Many start-up businesses take out loans to get going, e.g. to purchase stock needed to sell, or to make the first rent payment or rent …
Maximise BADR on sale of the FHL
The favourable tax rules that apply to furnished holiday lettings (FHL) come to an end on 5 April 2025. For many landlords, this may be …
Impact of remote work on travel claimsÂ
Post-pandemic, remote work and homeworking have become the norm, especially with the increase in ‘hybrid’ working, i.e., spending part of the week at home and …
ADR – is it worth using? Â
HMRC’s Alternative Dispute Resolution (ADR) process was introduced over a decade ago, the intention being to provide an ‘alternative’ cost-effective method for dealing with disputes …
