There could be good news for property investor in the Autumn Statement…
At the time of writing this, the Chancellor of the Exchequer, Philip Hammond, is most probably finalising his first Autumn Statement. He’s already indicated that he could be scaling back on the austerity measures which were threatened in the aftermath of Brexit...
Tips are tax free, aren’t they?
I was reviewing the way in which the calculation of payroll will work for the new Apprenticeship Levy due to be introduced in April 2017 and in principle it’s every payment that is taken into account for Class 1 NIC. So this could, in some circumstances, include...
Tax on Company Loans
We heard quite a lot in the Budget about the changes in taxation on dividend income – but not a lot about another tax increase relating to the use of company assets. It’s a common device for directors or participators in small companies to have a loan, in...
Tax avoidance and tax evasion are two very separate approaches
Maybe you heard that the Government plans to curtail the use of tax avoidance schemes by making accountants who sell these schemes pay a fine equivalent to the tax that would have been due if the scheme hadn’t been used? Now I know some people feel that tax...
Are buy to let properties still a viable investment?
Buying property as an investment has been very popular in the last 20 years or so. Provided you can deal with the management aspects, or employ an agent to do so, it’s been a reasonably remunerative exercise. However, government proposals regarding mortgage...Get your FREE report
7 Costly Mistakes Small Business Owners are Unknowingly Making!