Investors need to have a clear understanding of what tax reliefs are available to them prior to making an investment in shares in a trading company.
By the time the end of the tax year swings round, a mad panic often ensues - with taxpayers keen to ensure they’ve squeezed every last drop out of various allowances and exemptions to keep liabilities to a minimum.
Individuals who donate to charity can do so tax-free. There are various ways of making tax-relieved gifts to charity – the way in which the relief works depends on whether the donation is made via Gift Aid,
In today’s challenging business environment, SMEs must seize every possible advantage to survive and thrive against growing competition.
Within a family scenario, there are many situations in which one family member may make a gift to other family members. However, the way in which gifts are funded and made can make a significant difference to the way in which they are treated for inheritance tax purposes.
You wouldn’t know it from the weather, but summer is on its way - and up and down the country, businesses are busy preparing for their summer staff parties.
But while you might have the venue sorted and the catering covered, are you on the ball when it comes to the tax implications of your event?