HMRC responds to landlord hybrid partnership scheme
Since HMRC began to taper mortgage interest tax relief in the 2017/18 tax year, we have seen the emergence of schemes looking to maximise income by minimising tax liabilities.
Settlements Legislation: School fee Schemes
Over the years, we have seen many "tax efficient" schemes come and go concerning the payment of school fees. This has been closely followed by tightening regulations after some high-profile court disputes.
Tax-free allowances. Are you claiming all of your eligible allowances?
The UK tax system is complex, to say the least, and many people are only now finding out about personal and business tax-free allowances which they have failed to claim.
What business expenses can you claim for?
Company owners and executives need to be aware of legitimate expenses that can be charged to their business as there may be the opportunity to reduce corporation tax liabilities.
How are digital coins taxed, and when does the tax liability accrue?
The world of digital coins, otherwise referred to as cryptocurrencies, has changed dramatically in recent years. There is now a more formal regulatory structure, and the tax authorities are aware of those trading any digital asset.