Is Your Dividend Actually Legal?
Sam Hart looks at what might make a dividend illegal, and what that would mean for your tax position. While not as tax-efficient as it once was, taking dividends from your company is one of the most ...
Writing Off a Director's Loan: The Tax and NIC Position
Sarah Bradford explains the tax and National Insurance contributions implications of writing off a director’s loan. In a personal or family company, it is very easy for a director to borrow mon...
Family Investment Companies: Growing Popularity as Wealth Transfer Vehicles
Nick Wright provides an introduction to family investment companies, examining their structure, purpose and growing popularity as wealth transfer vehicles. What is a family investment company? A fami...
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AI for Tax: Can You Trust the Answers?
Mark McLaughlin ponders whether artificial intelligence is a help to taxpayers or a potential hindrance. Most people will at least be aware of artificial intelligence (AI), and some will already be u...
More Than One Home? Are You Making the Right CGT Election?
Sarah Bradford explains how to choose which residence is your main residence and when changing it can be beneficial. Private residence relief is a valuable capital gains tax (CGT) relief, which means...
Mixed-Use SDLT: Why Most Claims Are Failing
Debbie Reyland looks at some recent stamp duty land tax cases involving mixed-use property that have arisen over the last couple of years. The amount of stamp duty land tax (SDLT) arising on a land ...
Property Investor or Trader: Which Are You in HMRC's Eyes?
Nick Wright examines the boundary between property investment and property trading, the badges of trade, and the risk areas where HMRC may seek to reclassify an investor as a trader. The distinction ...
Residence Nil-Rate Band: Will Your Estate Keep the Relief?
Mark McLaughlin looks at the inheritance tax residence nil-rate band, and at some possible ways of avoiding a clawback. The inheritance tax (IHT) residence nil-rate band (RNRB) is an extra nil-rate b...
Discretionary Trusts: A Route to Tax-Free Gifting
Chris Thorpe outlines how discretionary trusts can be used to gift assets tax-free. Learn more about this tax saving report here. Save 40% today! ------------------------------- A trust is essentiall...
Overdrawn Director's Loans: Watch for the Section 455 Charge
Jennifer Adams outlines the tax implications of an overdrawn director’s loan account at the end of an accounting period, and anti-avoidance rules designed to prevent misuse. At the end of the a...
Dying Without a Will: The IHT Cost
Tristan Noyes looks at the impact of dying without a valid will and how that affects an individual’s inheritance tax position. Some find it morbid to think about planning for their own death, s...
April 2027: A Tax Rise for Landlords and Savers
Kevin Read looks at the income tax rises coming in April 2027. At the November 2025 Budget, the Chancellor announced an increase in the tax rates applicable to income from property businesses and sav...
VAT and Private Use: Are You Accounting for It Correctly?
Andrew Needham looks at VAT recovery on goods and services that have some personal use and when output VAT is due on that private use. VAT is generally not reclaimable on goods or services intended f...
Dividends to Your Spouse: Not As Simple As It Looks
Richard Curtis considers potential problems when dividends are paid to spouses and civil partners. Husbands and wives or those in civil partnerships (included in the term ‘spouses’ in the...
Inheritance Tax: The Easy Win Most People Miss
Mark McLaughlin highlights a relatively easy strategy to save inheritance tax over time. The acronym ‘KISS’ (‘keep it simple, stupid’) refers to a design principle originating...
Alphabet Shares vs Dividend Waivers: Why the Structure Matters
In this excerpt from the report 'Alphabet Shares: The Essential Guide for Tax Advisers', Nick Wright goes through the practical advantages of alphabet share structures over traditional divide...
Think Twice Before Writing Off a Director's Loan
The following article is one of the tips from the newly released guide 101 Business Tax Tips 2026/27 edition. Save 40% today. ------------------------- Beware of the special rules that apply where a l...
Rental Income: Have You Notified HMRC?
Mark McLaughlin warns that taxpayers are responsible for notifying rental income to HMRC in a timely manner to avoid the risk of penalties for failure to notify chargeability to tax. ----------------...
A Walk Through the Inheritance Tax Forest Part 1
---------------------- This is a sample excerpt from our brand new Business Tax Report - Inheritance Tax: Key Strategies And Insights Explained Save 40% Off Today --------------------- Misnomer Althou...
Remuneration Or Dividend?
The following article is an excerpt taken from the guide 101 Business Tax Tips 2026/27 edition. ------------------------- One of the perceived major benefits of incorporation is the ability to extract...