With the end of the 2024/25 tax year fast approaching, it is now the time to consider some opportunities for saving tax with some careful end of year tax planning. This guide will provide you with lots of tax saving tips, but not all of these will be relevant to your particular circumstances.
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
MAKING TAX DIGITAL FOR INCOME TAX
TIMING OF DISPOSALS AND ELECTIONS FOR CAPITAL GAINS TAX
LOAN CHARGE REVIEW – HAVE YOUR SAY!
ARE YOU TRADING?
ATED
ADVISORY FUEL RATES FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – MARCH / APRIL 2025
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
THERE’S STILL TIME FOR SOME YEAR END TAX PLANNING!
AVOID ANY DOUBLE CAB ‘HICCUPS’!
EMPLOYMENT EXPENSES
VAT ON FOOD AND DRINK
DIARY OF MAIN TAX EVENTS – FEBRUARY/MARCH 2025
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
FARMERS CAMPAIGNING FOR AGRICULTURAL PROPERTY RETHINK
BRING FORWARD SUCCESSION PLANNING TO AVOID A BIG IHT BILL
CHECK YOUR STATE PENSION ENTITLEMENT
PAYING EMPLOYEES EARLY BEFORE CHRISTMAS
REMEMBER CHRISTMAS GIFTS OF UP TO £50 PER EMPLOYEE ARE TAX FREE
CHRISTMAS PARTY TIME!
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – OCTOBER/NOVEMBER 2024
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
GENERAL ELECTION 2024 – WHAT ARE MAIN PARTIES SAYING ABOUT TAX?
VAT ON PRIVATE SCHOOL FEES – ANY PLANNING?
‘TAX POINT’ FOR VAT
FORM P11D DEADLINE IS 6 JULY
WHAT IS A POOL CAR?
CHILDCARE ACCOUNTS CAN SUBSIDISE SUMMER CHILDCARE COSTS
VAT ON THE COSTS OF SELLING OF A SUBSIDIARY
DIARY OF MAIN TAX EVENTS -JULY/AUGUST 2024
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
REPORT EMPLOYEE BENEFITS ON FORM P11D BY 6 JULY
2023/24 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY
SHOULD EMPLOYEES REIMBURSE THEIR EMPLOYER FOR PRIVATE FUEL?
HMRC OFFICIAL RATE OF INTEREST REMAINS AT 2.25%
SHOULD DIRECTOR/SHAREHOLDERS TAX ADVANTAGE OF THIS LOWER RATE?
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS -JUNE/JULY 2024
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
YEAR END TAX PLANNING
USE A LIFETIME ISA (LISA) TO SAVE FOR YOUR FIRST HOME
PENSION PLANNING
CAPITAL GAINS TAX PLANNING
CAPITAL EXPENDITURE PLANNING
GET READY FOR MORE R&D CHANGES
ADVISORY FUEL RATE FOR COMPANY CARS
DON’T BE LATE IN PAYING YOUR PERSONAL TAX BILL
DIARY OF MAIN TAX EVENTS – FEBRUARY/MARCH 2024
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
NEW YEAR RESOLUTIONS TO SAVE TAX
TIME TO REVIEW, OR MAKE A WILL?
PASSING ON THE FAMILY HOME
LEAVING MONEY IN YOUR WILL TO CHARITY
YEAR END INHERITANCE TAX PLANNING
REGULAR GIFTS OUT OF YOUR INCOME CAN SAVE IHT
PENSION CONTRIBUTIONS ON BEHALF OF OTHERS
UPDATE PAYROLL SOFTWARE FOR THE JANUARY NIC CUT
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – JANUARY/FEBRUARY 2024
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
SALARY OR DIVIDEND BEST IN 2023/24?
YEAR END TAX PLANNING IDEAS FOR YOUR BUSINESS
NOT ALL LLP MEMBERS ARE SELF-EMPLOYED
HMRC CHALLENGES LLP SCHEME FOR PROPERTY BUSINESSES
CHARGING ELECTRIC CARS AT HOME
RECLAIMING INPUT VAT ON THE SALE OF SHARES
DIARY OF MAIN TAX EVENTS – NOVEMBER/DECEMBER 2023
Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.
In this month’s newsletter:
BACK TO SCHOOL – SET UP A TAX FREE CHILDCARE ACCOUNT?
CHILD BENEFIT MAY CREATE A TAX CHARGE FOR THOSE WITH HIGH INCOME
MERGER OF R&D TAX RELIEF SCHEMES TO GO AHEAD
INCOME TAX ON INHERITED PENSION FUNDS
HMRC TO REQUIRE MORE INFORMATION TO BE PROVIDED BY TAXPAYERS
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – SEPTEMBER/OCTOBER 2023