Concise information on a variety of topics relevant to an individual.
You can get tax relief on gifts to UK charities if you give under Gift Aid or through a Payroll Giving scheme or by making a gift of shares or land.
Child Benefit charge
Information regarding the High Income Child Benefit charge which applies to taxpayers who have income over £50,000 in a tax year where either they or their partner receive Child Benefit.
Enterprise Investment Scheme
The Enterprise Investment Scheme allows qualifying companies access to equity investment from new and, in some cases, existing shareholders. The shareholders obtain potentially attractive tax breaks.
Individual Savings Accounts
ISAs are tax-exempt savings accounts available to individuals.
An introduction to the taxation in the UK of income arising outside the UK for non UK domiciled individuals.
Personal tax – self assessment
Under self-assessment an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time.
Personal tax – when is income tax and capital gains tax payable?
Under self assessment an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time.
Property investment – buy to let
Buy to let involves investing in property with the expectation of capital growth with the rental income from tenants covering the mortgage costs and any outgoings. We consider the key points to consider with this type of investment.
Seed Enterprise Investment Scheme
The Seed Enterprise Investment Scheme is an extension of the Enterprise Investment Scheme and is particularly attractive to start up companies and investors in such companies.
Statutory Residence Test
The Statutory Residence Test provides, through a series of tests, a definitive process to determine the UK residence status of any individual. That status applies for income tax, capital gains tax and inheritance tax purposes.
Taxation of the family
Husbands and wives are taxed separately and the tax position of any children is also a consideration. Marriage breakdowns can also have a considerable impact for tax purposes.
Venture Capital Trusts
Venture Capital Trusts (VCTs) offer similar to breaks to individuals as the Enterprise Investment Scheme. They provide an opportunity to invest in unquoted trading companies via a VCT thus spreading the investment risk over a number of companies.
020 8933 0019 Accountants Bookkeeping Company Formation PAYE Payroll Personal Tax Returns Vat Accounting Accountancy Bookkeeper Accountant Personal Tax Services