Factsheets

 Factsheets

12th Nov 2024

Stamp Duty Land Tax and regional variations

The Stamp Duty Land Tax and regional variations - This factsheet covers rates for SDLT in England and Northern Ireland, Scottish LBTT and Welsh LTT, the types of properties that incur and do not incur these taxes and planning opportunities if you live or work in border areas.

  Factsheets

12th Nov 2024

Capital Gains Tax (CGT)

Capital Gains Tax - This factsheet covers when CGT is payable, how much is payable on chargeable gains, making a capital gain, owning assets ...

  Factsheets

14th Mar 2024

Buy-to-let landlords

Buy-to-let landlords - This factsheet covers the loss of higher rate tax relief, wear and tear allowance exits, Making Tax Digital, changes to CGT ...

  Factsheets

27th Feb 2024

General Data Protection Regulation (GDPR)

Since 25 May 2018, all businesses that collect, store or transfer the personal data of their customers, business prospects or staff have needed to ...

Factsheets

 Factsheets

27th Feb 2024

Inheritance Tax

Inheritance Tax (IHT) - This factsheet covers IHT reliefs, Main Residence Nil-rate band, giving assets away, wills, trusts, living abroad and double taxation treaties.

 Factsheets

27th Feb 2024

Extracting Company Profits

Extracting Company Profits - This factsheet covers the best way to extract funds from a company, taking a salary, tax-free benefits, dividends, interest on monies loaned, receiving rents for personal assets and the best overall extraction strategy.

 Factsheets

27th Feb 2024

Corporation Tax

Corporation Tax - This factsheet covers who pays Corporation Tax, filing tax returns, calculating your CT bill, rates of CT payable, what accounting records do you need to keep and for how long, CT reliefs available, submitting late returns and unpaid loans to directors/shareholders.

 Factsheets

27th Feb 2024

Annual Investment Allowance

Annual Investment Allowance - This factsheet covers what AIA is, claiming AIA and selling the underlying asset, reducing your AIA claim, when is AIA not available, investment decisions and other issues to consider.

 Factsheets

27th Feb 2024

Cash basis accounting for tax

Cash basis accounting for tax - This factsheet covers when the cash basis may not be suitable for your business, who can and can't use the cash basis, recording income and expenses, VAT registered businesses and micro-sized businesses.

 Factsheets

27th Feb 2024

Basic tax planning

Basic tax planning - This factsheet covers why tax planning is adviseable, what does it involve and who will benefit, why one size to fit all does not work and planning to save tax.

 Factsheets

27th Feb 2024

Business Structure

Business Structure - This factsheet covers business risks, sole traders, partnerships, limited liability partnerships, companies limited by guarantee and limited companies.

 Factsheets

14th Nov 2023

Anti-Money Laundering

One of the key pieces of government legislation intended to tackle financial crime is the money laundering rules and regulations. The money laundering rules are designed to protect the UK financial system and put in place certain controls to prevent businesses being used for money laundering by criminals and terrorists.

 Factsheets

24th Mar 2023

Save tax by making pension contributions

There are generous tax benefits available if you pay into a private pension fund. You can claim tax relief for contributions made subject to the overriding limits listed below and benefit from tax relief at the highest rate of Income Tax you pay. This makes building a pension pot a very tax-efficient ...