Should you transfer Buy-To-Let properties to a Limited company?
This isn’t an easy question to answer because it is so dependent on your circumstances. But there are scenarios when it might make sense, and this is what we have explored below. The Benefits of using a Limited Company
Autumn Budget 2021 Key Points
Chancellor Rishi Sunak used the Autumn Budget 2021 to invest taxpayer money in long-term plans he says will secure the economic future of the country. Everything from the NHS, schools, local transport and the culture and leisure sector appear set to benefit from the...
Self-Assessment – What you need to know
What is Self-Assessment? Self-Assessment is aimed at individuals whose income isn’t taxed automatically when it’s paid. So, while employees are generally taxed automatically by their employer through the Pay As You Earn (PAYE) scheme, the individual is responsible...
2022 National Insurance Tax Increase
After much speculation, it was confirmed by Boris Johnson that National Insurance contributions (NICs) will be increased by 1.25% from April 2022. The rise will affect both employers, employers and the self-employed and will mean that those above the minimum...
Home Working Tax Relief
While many people will have started to return to the office in recent weeks, many will also continue to work from home. If this applies to your employees, then they may be eligible for working-from-home allowance. This allowance (or tax relief) can either be paid to them directly in their wage-slip