Tax Articles
Tax Articles for Business Tax, Property Tax & General Tax Planning
Hidden in the October 2024 Budget smallprint was a major change to the tax treament of double cabs.
Our summary of all the tax changes from Rachel Reeves' Autumn Budget.
The new Government is likely to increase the IHT tax take, but how?
Labour will break its manifesto pledge if employer's national insurance is raised in the Budget.
Rumours are circulating that Rachel Reeves will increase CGT rates in her maiden Budget on October 30th 2024.
Rachel Reeves could clamp down on pensions in some way in the October 30th Budget.
Maximising your tax deductions is an important factor in reducing your tax bill. Find out how self employed business owners can pay less tax.
Working from home means you can claim part of your household costs for tax purposes as a home office tax deduction.
Find out how to increase your mortgage interest tax deduction using these little known secrets.
It's the biggest change to capital gains tax in a decade. Find out how entrepreneurs relief affects you and how to maximize it.
Non-resident and offshore tax planning can be complicated but our expert author explains it all in plain English.
If you own overseas property this article tells you all the tax dos and don'ts!
Essential reading for all business owners who want to maximise profits and reduce taxes.
This article shows you how to avoid capital gains tax after you have left the UK.
Companies are excellent tax shelter. Find out when they are NOT a good idea.
The capital gains tax system was fundamentally changed in 2007. Find out how the new capital gains tax rules will affect you.
This is one of the most powerful tax planning strategies, if you can get it right! Find out how to become a tax exile.
Working abroad is exciting for most individuals. However, there are important tax implications you must be aware of.
Business property relief is an extremely important IHT relief. Our guide How to Avoid Inheritance Tax explains all the rules.
This is probably the most important tax planning issue for owners of limited companies. Taxcafe has published a completely unique guide which explains exactly how much salary or dividend you should take.
This article explains the tax differences between commercial and residential property investments.
This article explains the tax traps to watch out for when you invest overseas.
Trust are extremely useful inheritance tax shelters. Our guide How to Avoid Inheritance Tax explains exactly how they work and how you can use them to save thousands in inheritance tax.
Property investors should claim every income tax deduction they can. Our guide How to Save Property Tax will help you slash your tax by thousands every year.
Many business owners don't know how many tax deductions they can claim - this article lists some of the best but little known deductions.
Owning property jointly has enormous income tax and capital gains tax benefits.
By getting your employer to contribute directly to your pension fund you could save a mountain of national insurance.
Small company owners need to know how to structure their pay in the most tax efficient way possible.
Re-mortgaging property has some very important tax implications... ignore them at your peril.
Tax credits are not just for poor families. Many business owners can also benefit from tax credits - IF they make a claim.
Paying salaries to your children is a good way to reduce your taxable profits but which children can you legally employ?
If you cannot afford to give your employees a pay rise, one solution is to give them a variety of tax efficient benefits in kind.
It comes as a surprise to many people that staff entertaining is an allowable business expense.
Investing using a property investment company could save you a fortune in tax.
Useful information about paying the least amount of tax possible on your 'buy-to-let' property investments.
Use Taxcafe's excellent tax guides to help you minimising tax in all areas of your life.
An excellent guide to filling out your self assessment tax returns form.
CASE STUDY: Before considering how to reduce your capital gains tax bill, it’s important to understand exactly how the tax is calculated.
A significant yet often overlooked cost of business is paying Employer's National Insurance Contributions.
When you sell your home the profit is tax free – PPR exemption can also be used by property investors, not just homeowners.
All businesses, no matter how small, will eventually have to start making pension contributions for their employees.
Find out how the new statutory residence test will affect your tax planning.
Timing your expenditure carefully during and after your transitional accounting period could lead to considerable tax savings.
The Seed Enterprise Investment Scheme (SEIS) may be the best thing since sliced bread for some investors.
Many of the tax planning opportunities available to other company owners may not apply to personal service companies.
Many sole traders and business partners have a special tax relief they can use when the moment is right. It’s called ‘overlap relief’.
Employers are soon to be required to pay a minimum percentage (eventually increasing to 3%) into their employees’ pension pots.
After protecting your business and family from Income Tax, Capital Gains Tax and VAT, there is one final hurdle: Inheritance Tax.
It may be possible to save income tax by gifting shares in your company to a spouse or partner.
The Government is proposing to introduce a new simplified voluntary cash accounting method for small businesses.
Many company owners own their business premises personally and the company pays them rent - often more tax efficient than salary.
Being a company owner has several tax advantages over being a sole trader or partnership.
Child benefit is extremely valuable - avoid having yours withdrawn completely once your income exceeds the threshold.
