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Business Tax Insider Monthly Newsletter

Subscribe to our monthly business tax newsletter and tax article library and receive news, tips and strategies guaranteed to minimise your business tax bill

For everyone interested in saving business tax, from small and family business owners to accountants
DIGITAL
- Access to digital library of 616 articles - Downloadable PDFs  
£197 / year
DIGITAL & PRINT
- Access to digital library of 616 articles - Downloadable PDFs - Plus print version delivered to your door every month
£247 / year
  • 14 day free trial
  • Up to date monthly tax saving tips
  • New tax strategies added every month (48 over the year)
  • No minimum tie-ins, cancel anytime

Business Tax Insider subscription benefits

We recently asked our subscribers what they love about Business Tax Insider.

These are the top 7 reasons that they gave us:

Here are just some of the strategies our tax experts are sharing with subscribers

  • HM Revenue and Customs (HMRC) recently commenced a ‘One to Many’ campaign, targeting taxpayers who incorporated property businesses in the tax year 2017/18 but reported no capital gains tax (CGT) liability in their tax returns on the basis that ‘incorporation relief’ applied in full. 

    Mark McLaughlin highlights a potential trap for business owners seeking capital gains tax incorporation relief.

  • Consider the following scenario:

    'On a wintry sunny morning, Alan was reviewing his company’s January 2024 management accounts. Alan was the sole director and 100% shareholder of Llandudno Hotels Ltd, which operated two large hotels in Llandudno. The business was on course to healthy pre-tax profit of around £650,000 for the year ended 31 March 2024. Alan had been planning to pay himself a substantial ‘bonus’ before the year-end'. 

    What does Alan do?

    Peter Rayney examines an owner-manager’s cash extraction following the numerous tax and National Insurance contributions changes.

  • Lee Sharpe looks at taxpayers’ record-keeping obligations in light of HMRC’s inexorable march to digital everything (almost).

    Historically, HMRC has been quite relaxed about whether original records must be maintained or digital facsimiles (scans, etc.). 

  • As the tax year draws to a close, it is prudent to review one’s 2023/24 tax allowances and consider whether there is scope for utilising any unused allowances so they are not lost. 

    Sarah Bradford explores options for using 2023/24 tax allowances.

Our Business Tax Insider articles February 2024

  • There is no ‘one size fits all’ as far as National Insurance contributions (NICs) are concerned. Different types of contributors pay different classes of NICs. Some classes secure entitlement to the state pension and contributory benefits; others are more akin to a tax. Some classes are earnings-related, whereas other classes of contribution are payable at a flat rate.  

    Sarah Bradford outlines National Insurance contributions changes affecting the self-employed from April 2024. 

  • Many company owners wish to incentivise and retain key employees by offering share option schemes through the company, or simply by arranging for the company to issue shares to those employees.  

    Mark McLaughlin outlines an arrangement allowing a company’s employees to benefit from the growth and success of the business without owning part of it. 

  • The cash basis for unincorporated trading entities was originally introduced by FA 2013 to apply from 2013/14 (FA 2013, Sch 4).  

    Lee Sharpe considers how the cash basis has developed and why HMRC is so keen on the cash basis for landlords, the self-employed and partnerships.  

  • Making pension contributions is a tax-efficient way of saving for retirement. The planning and timing of pension contributions can also contribute to a tax-efficient remuneration strategy for owner-managed businesses.  

    Joe Brough outlines the tax relief available when making pension contributions. 

Our Business Tax Insider articles January 2024

  • With the New Year now upon us, one of the key objectives will be to revisit your business remuneration strategy for 2024. 

    If you operate your business through a personal or family company, you will need to extract your profits if you want to use them to meet personal expenses outside the company. There are various ways this can be done, some of which are more tax-efficient than others. 

    Sarah Bradford highlights options for extracting company profits in a tax-efficient manner in 2024. 

  • Against a fragile economic background, a large number of owner-managed companies are still facing financial difficulties and will need to be aware of the early warning signs of insolvency. 

    Peter Rayney considers key tax issues to look out for on the sale of a distressed business.

  • Capital gains tax (CGT) business assets disposal relief (BADR) may have been introduced only fairly recently in 2020 but it is, of course, based on entrepreneur’s relief (ER), which first aired in April 2008, although it has been subject to various refinements over the years, as the government has largely sought to limit the utility and availability of the relief (veteran readers may well recall that ER was itself hastily carved out of the ancient retirement relief regime). 

    Lee Sharpe looks at two tax cases that highlight some of the intricacies of capital gains tax business asset disposal relief.

  • Online marketplaces (e.g., eBay, Amazon and Etsy) are very popular platforms. Sellers range from individuals disposing of their used or unwanted items (e.g., after clearing out their loft!) to established businesses.

    Mark McLaughlin points out that selling items on online platforms such as eBay can be tax-free, but only within certain limits.

For everyone interested in saving business tax, from small and family business owners to accountants
DIGITAL
- Access to digital library of 616 articles - Downloadable PDFs  
£197 / year
DIGITAL & PRINT
- Access to digital library of 616 articles - Downloadable PDFs - Plus print version delivered to your door every month
£247 / year
  • 14 day free trial
  • Up to date monthly tax saving tips
  • New tax strategies added every month (48 over the year)
  • No minimum tie-ins, cancel anytime
What our customers say about Business Tax Insider...
As a business owner, your publication offers very useful insights which help me from a financial perspective when assessing potential acquisition targets. Even if sometimes they only act as a prompt to encourage further action, it is always money extremely well spent.
~Rob Burbidge~
As a direct result of reading the Tax Insider newsletters I get the latest up-to-date information about the topical changes in taxation which is extremely helpful within my every day role.
~Andy Sawiack, Financial Advisor~
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For everyone interested in saving business tax, from small and family business owners to accountants
DIGITAL
- Access to digital library of 616 articles - Downloadable PDFs  
£197 / year
DIGITAL & PRINT
- Access to digital library of 616 articles - Downloadable PDFs - Plus print version delivered to your door every month
£247 / year
  • 14 day free trial
  • Up to date monthly tax saving tips
  • New tax strategies added every month (48 over the year)
  • No minimum tie-ins, cancel anytime