Tax Return Adviser Ltd
MONTHLY FOCUS: TAX PLANNING FOR MARRIED COUPLES (PART 2)
In this second part of our focus on tax-saving strategies for married couples, we turn our attention to non-business income, and how tax allowances and reliefs can be used to reduce the overall tax bill.
MONTHLY FOCUS: TAX PLANNING FOR MARRIED COUPLES (PART 1)
Married couples have been taxed separately rather than as a unit since 1990. There are a number of strategies married couples (and civil partners) can adopt to save tax. This first part looks at business-related income planning.
MONTHLY FOCUS: BUSINESS ASSET DISPOSAL RELIEF FOR SHAREHOLDERS
Business asset disposal relief is available where businesses are sold, but can also apply to the disposal of company shares and, in some circumstances, assets used by the company. What are the rules?
MONTHLY FOCUS: UNDERSTANDING IR35 (PART 2)
A focus continuing our look at IR35. In this second part, we look at dealing with HMRC, the tax and NI regulations, and the IR35 calculations.
MONTHLY FOCUS: UNDERSTANDING IR35 (PART 1)
The rules known as IR35 are complicated in practice. Here we breakdown the rules and look at how they apply. In this first part, we cover the key concepts, and look at the importance of contracts.
MONTHLY FOCUS – EMPLOYER COMPLIANCE REVIEWS
HMRC carries out employer compliance reviews to ensure that employers and contactors are meeting their obligations in relation to PAYE and NI contributions. If a business receives notice that it is to undergo one of these, what can it expect?