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.
Pay Less Tax Newsletter -2024 Vehicle Special Edition
Key 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!
Summary of the tax announcements in the Autumn 2024 Budget
Chancellor 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.
Pay Less Tax – Summer 2024 Edition
Stay informed with key tax deadlines, employee perks, VAT tips, and health benefit updates from Sibbalds.
Pay Less Tax – Spring 2024 Edition
Learn 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.
Pay Less Tax – Winter 2024 Edition
Potential 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.
Pay Less Tax – Capital Gains Tax Special 2023
Over 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.
Pay Less Tax Autumn 2023
In 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.
Pay Less Tax Spring 2023
A look at the latest issues and developments relating to tax legislation in the UK
Pay Less Tax Autumn 2022
In 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!