Most Recent Issue

INCOME TAX

Welsh income tax rate announced

From 6 April 2019 the Welsh government will have powers to amend the rate of income tax; it can already alter land transaction taxes. What changes are in store and who will they affect?
More...

INHERITANCE TAX - BUSINESS PROPERTY RELIEF

Is there inheritance tax relief for rental businesses?

A taxpayer has defied the odds and successfully argued at the tax tribunal that a furnished holiday letting business qualifies for inheritance tax relief. Does the decision mean your own letting business is more likely to qualify?
More...

VAT

VAT efficiency for private use of business assets

When you buy equipment for your business and expect to use it for private purposes there are two methods for working out the amount of VAT you can reclaim. Which is the most tax efficient?
More...

COMPANIES

The great divide - demerging your business

Your company operates a few different trades each with unique requirements. You therefore want to split the company to simplify matters. The trouble is this can trigger hefty tax bills. How can you legitimately avoid them?
More...

CAPITAL GAINS TAX

Selling your home - two calculation traps

If you’ve used part of your home for business you might have to pay capital gains tax when you sell it. Calculating this isn’t as simple as it sounds and costly mistakes are often made. How can you avoid these?
More...

CAPITAL ALLOWANCES

The AIA and multiple accounting dates

Your company is planning significant purchases of new equipment. The trouble is it’s part of a group which can affect the amount of annual investment allowance (AIA) it can claim. How can you be sure not to exceed the maximum?
More...

REMUNERATION PLANNING

What’s the best time to draw your salary?

As a director of a small company you can more or less say how and when you would like your salary paid. The trouble is your total income varies each year which makes it tricky to decide what salary to take. Is there a way around this?
More...
Last updated: 16.10.2018

More from Indicator - FL Memo Ltd