Instead of reporting taxable benefits to HMRC on form P11D after the end of the tax year, employers can opt to deal with those benefits through the payroll (‘payrolling’). Read this article to find out how to register to payroll benefits in kind in 2024/25.

The National Living Wage and the National Minimum Wage are increased from 1 April 2024. Read this article to find out the new rates applying from that date.

Read this article to determine the tax implications should your business buy another firm's customer list. #customerlistimplications

Read this article to find out about tax calculation changes for many self-employed and partnership businesses.

What happens when your salary goes over £100k?

For a number of years now I’ve been operating across a range of businesses. Therefore when I look at the 32 ways I’m looking at it in that context.

For me, money management is not about the money you earn, but the money you keep. That’s why I love tax consultancy so much. It focuses on this mantra.

Taking a small salary and extracting further profits from a personal or family company as dividends is a tax-efficient strategy. Read this article to find out what is the optimal salary for 2023/24.

Read this article to find out what mileage payments can be paid tax-free #approvedmileagepayments #advisoryfuelrates

Read this article to find out about changes to pension tax relief #annualallowance #lifetimeallowance

A question I get asked all the time is: ‘What can I take out of my business?’ and ‘how do I save more tax?’ Well, the quick answer is, ‘there’s up to 32 ways to get value out of your business, tax efficiently.’ Yep, that’s a lot of ways ⬇

Every business owner has a real-life number. It is everything behind the scenes, that you are working towards in your real life, things like your next house, next big investment, or your pension pot. This real-life number can and should be linked with everything that the business is working towards. It is the key to achieving the life you really want, both now and in the future.

You might think gifting your family home to a family member before your death helps them avoid paying inheritance tax, but there are pitfalls some of which we explore in this article. #inheritancetax #propertytax

The HICBC claims back payments of child benefits where the recipient or their partner has income of at least £50,000 per year. Learn here who is affected and the most effective way to deal with the charge. #childbenefit #taxtips

The VAT flat rate scheme can save work, but may cost you money. Read this article to find out why. #VAT #flatratescheme #limitedcostbusiness

Read this article to find out about the rate of section 455 tax on outstanding director’s loans. #directorsloans #section455tax

Read this article to find out what expenses you can deduct in computing your taxable profit. #deductibleexpenses #allowableexpenses

Read this article to find out what capital allowances are available for expenditure on business cars. #businesscars #capitalallowances #fya

Read this article to find out how to benefit from the property allowance to earn tax-free income from renting your drive. #propertyallowance

Can you claim tax relief for any work you do on your empty rental property? In this article we provide answers. #landlord #propertytax

Private residence relief shelters any gain on the sale of your home from CGT. This article explains when the relief applies. #ppr #pprrelief