News & Press

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)....

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...

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 100...

Tax advisors are specialists with advanced training and knowledge of tax law. They ensure that their clients are paying the correct but lowest amount of tax possible by legally lowering the tax liability and providing their clients with...

Now that May 31st 2016 has come and gone, if you are an employee of a company, your employer would (and most definitely) should have given you a piece of paper which detailed exactly how much you were paid in the last financial year (if not,...

With company pension schemes being in the news recently, we thought it could be useful to look at the types of schemes out there and the benefits of these schemes. There are two types of company schemes:Defined benefit schemes – also known as...

More recently the number of tax related news items that have made headlines have increased significantly. From non-resident football club owners having their residency status challenged by HMRC to popstars who had become partners in a film...

The UK tax system can be complex and there are many pitfalls, particularly for individuals who don’t take regular advice or perhaps prepare their own return. Often individuals make mistakes without intending or realising they have done so....

In recent months, the Chancellor of the Exchequer (formerly Mr George Osborne) launched an ‘attack’ on the property market by first ensuring that non-resident owners of UK situs property were liable to UK Capital Gains Tax (CGT) to the more...