News & Press

If you receive rental income from a UK property, under UK tax law, the rental income received could be liable to tax. The following article will shed some light on how property income is assessed in the UK and the various reliefs/deductions...

If you are about to register a company, or have already completed your company formation, it is important to understand the different types of tax you are required to pay. It can be a complicated area of running a business and Chartered Tax...

As your tax affairs become more complicated, not only will a chartered tax advisor ensure you pay the right amount of tax to HMRC, but they will also be able to provide you with ways to make tax efficient investments going forward and...

When you become an employee, depending on the salary that you earn, your employer will be able to calculate and deduct the correct amount of PAYE and National Insurance Contributions that you are due to pay to HM Revenue and Customs (HMRC)....

Seeking Advice from Chartered Tax Advisors after you register a company After your company formation, it is likely that you will benefit from tax planning to ensure you are compliant with UK tax laws, as well as keeping tax to a minimum as a...

During your employment, there may be a point in time when your employer wishes to reward you. This could come in the form of remuneration, benefits in kind, but could also be in the form of some shares or share option. The treatment of these...

Currently, Capital Gains Tax (CGT) is payable on any gain made on the disposal of a chargeable asset. After taking into account the annual exemption, the gain is then charged at either 18% or 28% depending on which tax bracket you fall into....

Capital Gains Tax (often abbreviated to CGT) is payable on the disposal of any chargeable asset which gives rise to a chargeable gain. This is broadly calculated by taking your disposal proceeds and subtracting from this the acquisition price...

The latest budget from the coalition government announced many changes for both individuals and companies alike in the UK. With many rules and regulations set to change, many Chartered Accountants in London will have to assess the changes to...

In a bid to simplify the tax system a backbench bill proposing to change the name of National Insurance to ‘Earning Tax’ was recently discussed in Parliament. What does NI go towards? The National Insurance scheme has been in operation for...

A tax advisor is a financial expert with advanced training and knowledge of tax law. The main responsibility of a tax advisor is to minimise taxation while remaining compliant with the law. A company has to consider a number of practical and...

One of the most important aims of all businesses is to pay the correct but the lowest amount of tax possible and to ensure that this is achieved it is usually advisable to consult a tax consultant. Tax consultants are financial experts who...