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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

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  • New tax strategies added every month (48 over the year)
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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:

For everyone interested in saving business tax, from small and family business owners to accountants
Save 30% for the First 6 Months
DIGITAL
- Access to digital library of 536 articles - Downloadable PDFs  
£18 £12.60 / month
DIGITAL & PRINT
- Access to digital library of 536 articles - Downloadable PDFs - Plus print version delivered to your door every month
£24 £16.80 / month
  • 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

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

  • April 1st 2023 heralds a momentous date for UK corporation tax (CT), when the rate will rise to 25% for the vast majority of companies. 

    Peter Rayney discusses the imminent corporation tax changes and what they mean for owner managers.

  • The National Insurance contributions (NICs) rates and thresholds that were to apply for the 2022/23 tax year had already been announced and given legislative effect when the Chancellor delivered his Spring Statement in March 2022.  

    Sarah Bradford explains changes to National Insurance contributions taking effect during the tax year 2022/23. 

  • It is a common problem that the UK taxes families where there is only a single earner more heavily than where there are multiple earners.  

    Alan Pink looks at ways of reducing income tax on business income by spreading it amongst the family and others. 

  • More employees than ever seem to be working from home. However, in many cases it is not possible for employees to perform their employment duties at home, so they must work at their employer’s business premises. 

    Mark McLaughlin looks at when employees can claim tax relief for costs of living near their employer. 

Our Business Tax Insider articles May 2022

  • With the new tax year now in effect, most owner-managed businesses (OMBs) will have reviewed or will be in the process of reviewing their remuneration strategies.

    Alan Pink takes a fresh look at the perennial question of profit extraction by company owners in the light of recent tax changes. 

  • CTA 2010, s 455 is a key anti-avoidance weapon for owner-managed companies. Without it, owner-managers could easily sidestep a tax charge by arranging for their company to lend them funds (as opposed to paying a taxable bonus or dividend). However, CTA 2010, s 455 levies a (refundable) tax charge when a close company makes a loan to a participator (i.e., shareholder or loan creditor) or one of their associates (such as a spouse, parent, grandparent, child, grandchild, brother or sister). 

    Peter Rayney provides a handy FAQ guide on trips and traps with loans to shareholders of closely-controlled companies.

  • You may receive dividend income if you have invested in shares. You may also receive dividends if you have a family or owner-managed company and extract profits in the form of dividends. 

    Sarah Bradford highlights the increase in the rates of dividend taxation applying for 2022/23 and considers what this means for investors and those extracting profits as dividends.

  • Many business owners are familiar with business asset disposal relief (BADR), which offers individuals a capital gains tax rate of 10% on net chargeable gains, up to a lifetime limit of £1 million.

    Mark McLaughlin looks at business asset disposal relief for capital gains tax purposes, and when a company’s activities might be non-trading to a ‘substantial’ extent.

Our Business Tax Insider articles April 2022

  • At first sight, it seems like an odd question: “what is the optimum salary I can receive?” For most people, the answer is clear: “as much as my employer will pay!” But the considerations are very different for people who own and manage their own business, because people in this position have a choice as to the type of income they take. 

    Alan Pink considers the impact of recent changes in tax rates and rules on the ‘optimum’ salary for owner-managers.

  • Loans to director shareholders are a common occurrence in family and personal companies. However, to prevent directors having the use of the money indefinitely without paying any tax, provisions exist which levy a tax charge (under CTA 2010, s 455) on the company where the loan is outstanding on the date for which the corporation tax for the period in which the loan is made is due. 

    Sarah Bradford highlights the forthcoming increase to the rate at which section 455 tax is charged on outstanding ‘loans to participators’ and examines the implications of the rise.

  • Research and development (R&D) tax reliefs for small and medium-sized enterprises (SMEs) are some of the most valuable incentives available in the UK tax regime. 

    Lee Sharpe looks at recent developments in research and development (R&D) tax reliefs.

  • The timing of credits (e.g., cash repayments) to an overdrawn director’s loan account (DLA) can be important. It will determine (among other things) the tax year into which the repayment falls, which can affect benefit-in-kind charges on the director; or whether a tax charge arises for the company under the ‘loan to participators’ rules for closely-controlled companies and due date for payment (or repayment) of the ‘section 455 tax’ liability.  

    In his second article on director’s loan accounts, Mark McLaughlin looks at two circumstances where HMRC might challenge loan account repayments.

For everyone interested in saving business tax, from small and family business owners to accountants
Save 30% for the First 6 Months
DIGITAL
- Access to digital library of 536 articles - Downloadable PDFs  
£18 £12.60 / month
DIGITAL & PRINT
- Access to digital library of 536 articles - Downloadable PDFs - Plus print version delivered to your door every month
£24 £16.80 / month
  • 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
Save 30% for the First 6 Months
DIGITAL
- Access to digital library of 536 articles - Downloadable PDFs  
£18 £12.60 / month
DIGITAL & PRINT
- Access to digital library of 536 articles - Downloadable PDFs - Plus print version delivered to your door every month
£24 £16.80 / month
  • 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