Tax Insights
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NHS Doctors Pensions Error could trigger tax penalties – what you need to know
Healthcare Tax NHS Doctors Pensions Error could trigger tax penalties - what you need to know DOCTORS AND NHS medical professionals may be hit with tax penalties after the NHS Business Services Authority (NHSBSA) [...]
Incorporating your GP Practice – is it right for you?
GP PRACTICES in England are able to incorporate and trade as limited companies holding a GMS, PMS or APMS contracts and such [...]
BUDGET 2021 – At a glance
The Chancellor Rishi Sunak delivered his second Budget of 2021 on 26 Oct 2021 with a focus on increasing spending pledges. Here [...]
HMRC starts furlough fraud checks
HMRC have started to open compliance checks into employers’ Coronavirus Job Retention Scheme (CJRS) claims after sending thousands of “nudge” letters earlier this year [...]
How to make childcare costs Tax-efficient
PAYING for childcare can be expensive. The tax system, however, can provide somewhat of a helping hand. In recent years, there has [...]
New NIC tax rates – how are you affected?
NEWS UPDATE On 7 September 2021 Boris Johnson announced that NI and dividend tax rates will be hiked to help fund social [...]
Back to School Fees Tax Planning: Good advice or good fortune?
UPDATED 27/8/21 IT IS ANECDOTALLY REPORTED that due to the pandemic, birth rates are expected to rise. With estimates for children’s education [...]
Gifting property to the children – avoiding the tax pitfalls
AS THE PANDEMIC becomes more of a way of life rather than something that can be avoided, many are looking to straighten [...]
No company profits? How to take cash out tax efficiently
THE PANDEMIC has left many businesses struggling for cashflow who may not have enough profits to pay the usual dividends. So how [...]
The Bitcoin Tax Bombshell
THE RAPID GROWTH in cryptocurrency and distributed ledger technologies, such as Bitcoin and Ethereum, has seen a large spike in businesses, traders [...]
