Tax e-News November 2023

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

Tax e-News December 2022

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

TAX INCREASES AND PUBLIC SPENDING CUTS
FREEZING INCOME TAX BANDS
MORE TO PAY 45% INCOME TAX
ALL QUIET ON PENSIONS
NIC BANDS FROZEN
DIVIDEND INCOME – REDUCED 0% BAND
CGT ANNUAL EXEMPTION CUT
VAT REGISTRATION LIMITS UNCHANGED
CARS, VANS AND TAXATION!
R&D ‘REBALANCING’
A MINI U-TURN ON SDLT
AND REMEMBER…
DIARY OF MAIN TAX EVENTS
DECEMBER 2022 / JANUARY 2023

Tax e-News November 2022

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

U-TURNS TO STEADY THE FINANCIAL MARKETS
NIC RATE CHANGE GOES AHEAD
SDLT CHANGES GO AHEAD
CORPORATION TAX RATES TO INCREASE AFTER ALL
INCOME TAX RATES STAND STILL
IMPACT ON PROFIT EXTRACTION
OFF-PAYROLL WORKING LIVES TO SEE ANOTHER DAY
£1 MILLION ANNUAL INVESTMENT ALLOWANCE TO STAY
SEIS CHANGES GO AHEAD
ENERGY SUPPORT TO BE REVIEWED IN APRIL 2023
DIARY OF MAIN TAX EVENTS – NOVEMBER/DECEMBER 2022

Personal Tax – Year End Tax Planning 2021/22

With the end of the 2021/22 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 tax saving tips, but not all of these will be relevant to your particular circumstances.  As always we are here to discuss anything that may be of interest to you. 

Tax e-News October 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

1.25% INCREASE IN NICs AND TAX ON DIVIDENDS TO FUND HEALTH AND SOCIAL CARE
DIVIDEND TAX RATES ALSO INCREASING FROM 2022/23
PLANNING ACTIONS BEFORE THE NEW RATES COMMENCE
CAPITAL ALLOWANCES ON PLANT IN RESIDENTIAL PROPERTY
MTD FOR INCOME TAX POSTPONED TO 2024/25
HMRC SUPPORT WITH CHILDCARE COSTS
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS OCTOBER/NOVEMBER 2021

Tax e-News October 2019

In our newsletter for October 2019:

Builders’ VAT Rules Delayed For A Year
Ger Ready For The ‘Off-Payroll’ Working Rules
Radio Presenter Wins IR35 Personal Service Company Case
Disguised Renumeration Loan Charge Review
Time For An Electric Company Car?
Advisory Fuel Rate For Company Cars
Don’t Forget There May Be Tax To Pay On Your Dividends In January
Diary Of Main Tax Events – October/November 2019

Tax e-News May 2019

In our newsletter for May 2019:

Extracting Profit From The Family Company
Tax Planning To Minimise The High Income Child Benefit Charge
“Rent A Room” Relief To Continue For AirBnB Landlords
But Possible Changes To CGT Private Residence Relief
Diary Of Main Tax Events May/June 2019

Tax e-News October 2018

In our newsletter for October 2018:

Class 2 NICs To Continue For Self-Employed
Check Your Contribution History
IT Consultant Wins IR35 Personal Service Company Case
And Football Referees Are Self-Employed
Tax Efficient Childcare Schemes
Advisory Fuel Rate For Company Cars
Don’t Forget There May Be Tax To Pay On Your Dividends In January
Diary Of Main Tax Events October/November 2018

Tax e-News October 2017

In our newsletter for October 2017:

Are Spouses Wages Fully Deductible?
When is a Company Van Not A Van?
Must Own 5% of Ordinary Shares to Qualify for CGT Entrepreneurs Relief
Advisory Fuel Rate for Company Cars
Reclaiming Foreign VAT on Expenses
There May me More Tax to Pay on your Dividends in January
Diary of Main Tax Events October/November 2017