It’s easy to focus on what to spend your money on here and now, but not so easy to invest it for your future spending. And it’s even less easy to make plans for what will happen when you die.
Don’t complain about your tax bill, do something about it. This quick checklist is a great place to start.
As part of Small Business Advice Week we are running a series of articles with helpful advice and tips for SMEs. Today, Nick Heys discusses how when it comes to selling your business, it’s the detail that will save you thousands of pounds.
What is Tax Freedom Day and what can taxpayers and small business owners do to reduce their tax burden? Jo Nockels explains.
Excitingly, it seems that millions of people paid too much tax in 2012-13 and are now due a refund. Could you be one of the lucky many?
More Tax Action tips from TaxCalc! This time it’s reviewing your payments on account… If you are currently making payments on account under the self-assessment scheme the default position is that they are based on the previous year’s tax bill. If your taxable income is increasing year on year then there is no need to review them
Minesh Patel talks tax planning tools for clients in his guest ‘Diary of an adviser‘ blog, supporting unbiased.co.uk’s Tax Action campaign sponsored by TaxCalc. You can view Minesh’s unbiased.co.uk profile here. Many of my clients get very excited by investments that save them large amounts of tax such as Venture Capital Trusts. VCTs, with the 30%
More Tax Action tips from TaxCalc! This time it’s business mileage… Another common area where taxpayers fail to claim relief, is on use of a private vehicle for business purposes. HMRC publish approved mileage rates currently 45p per mile for the first 10,000 miles and 25p per mile over the 10,000 miles. If your employer does not
Tax Action 2013 sponsors TaxCalc explain in their Tax Action tips blog why it can pay to include your charitable donations in your tax returns… When it comes to making donations to charity via the gift aid scheme, the charity you donate to will receive an additional payment of basic rate tax from HMRC. So if you donate £100
Jaskarn Pawar shares his experiences in our ‘Diary of an adviser’ blog and reveals why it pays to take your time when making important financial decisions. You can view Jaskarn’s unbiased.co.uk profile here. Rushing to meet the deadline isn’t the best advice for everyone I spoke to a client yesterday who was looking to make
The FT recently carried an interesting article by Gideon Rachman on the growing global trend towards higher taxes on the wealthy. The position in France was featured where the increase of the top rate of tax to 75% has been presented by some in power as an ‘opportunity’ for the rich in France to show