Pay Less Tax Newsletter – Autumn 2024 Edition
Discover the latest tax-saving strategies and updates for Autumn 2024, including small business financing, director loan rules, and foster carer relief.
DetailsDiscover the latest tax-saving strategies and updates for Autumn 2024, including small business financing, director loan rules, and foster carer relief.
DetailsKey updates on vehicle taxation for 2024, including Clean Air Zone Charges, VAT Margin Scheme benefits, and changes to double cab pickups. Download our comprehensive guide today!
DetailsChancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises.
DetailsStay informed with key tax deadlines, employee perks, VAT tips, and health benefit updates from Sibbalds.
DetailsLearn effective strategies to manage the high-income child benefit charge, incorporate property portfolios, and handle VAT implications post-deregistration. Gain clarity on the tax implications of owning tangible assets, whether they’re under or over 50 years old.
DetailsPotential tax savings opportunities for CGT, Income Tax and Inheritance Tax may arise from taking certain actions before the end of the tax year on 6th April 2024. Additionally, car allowance payments may qualify for NI relief where business mileage is undertaken, and settlements under IR35 enquiries may be subject to refunds or offsets, following recent court rulings against HMRC.
DetailsOver the past few years it is fair to say that people and businesses disposing of assets pregnant with gain have found their capital gains tax (CGT)/corporation tax (CT) liabilities grow exponentially as a result of the reduction in the CGT tax annual exemption, the corporate indexation allowance restriction, heightened residential CGT rates and corporate tax rates as well as business asset disposal relief only on the first £1 million of business asset gains over the course of an eligible taxpayer’s lifetime.
DetailsIn this Autumn edition of the PayLessTax newsletter, we look at the potential loss of state pension entitlement, gift holdover relief, deadline to claim backdated bereavement allowances and a 50% tax free bonus account for low earners.
DetailsA look at the latest issues and developments relating to tax legislation in the UK
DetailsIn this newsletter we look at the deadlines & penalties for late filing of returns, 150% Land Remediation Relief, the need for clear policies on tips and service charges and issues around the christmas party!
DetailsIn this newsletter we look at how to alleviate childcare costs; upcoming changes for property landlords, dangers of misinterpreting redundancy payments and saving time with cash flow
DetailsThe Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. In this early edition of our April tax newsletter we outline the key measures affecting our clients.
DetailsIn this Winter edition of the PayLessTax newsletter we look at Electric Vehicle Grants, the importance of a regular pension tax review, pre April 6th considerations and issues for directors in insolvency
DetailsIn this Autumn edition of the PayLessTax newsletter, we look at the various ramifications behind child benefit, the possibilities conjured up by Freeports, the opportunities surrounding holiday lets and the new payment penalty regime which is coming into play from April 2022.
DetailsOur summary focuses on the tax measures which may affect you, your family and your business. To help you decipher what was said we have also included our own commentary on the measures.
DetailsIn this edition of the PayLessTax newsletter, where powers of attorney have been missed, we look at the appointeeship option, plus review circumstances where VAT registration can be avoided. We shine a spotlight on electric cars as well as looking at a business incentive to help the heroes.
DetailsIn this winter edition of the PayLessTax newsletter we cover off how the exit from the EU could adversely impact upon UK Spanish property owners, plus a tax efficient way to reward employees for the benefit of the business.
DetailsIn this Summer edition of the PayLessTax newsletter, we look at the variety of tax options open to corporate firms who make losses, as well as revealing how businesses can take steps to look forward to navigate their way out of this pandemic.
DetailsIn this Covid-19 Spring edition of the PayLessTax newsletter, we cover off some of the difficult, emotive tax issues concerning dealing with a deceased’s estate pre and post death, the importance of a Will and the need to review it, cash flow planning for the self-employed and, likewise, from a VAT perspective, plus a range of quick fire tips, with the goal to improve the cash position for individuals, families and businesses going forward at a time when finances maybe tight.
DetailsIn this winter edition of the PayLessTax newsletter, we cover a number of topics including the importance of fully understanding the incorporation process pre going ahead and the tax implications of leaving the matrimonial home following a marital split.
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