Taxcafe.co.uk - Essential Tax Advice Guides

Tax Articles

Tax Articles for Business Tax, Property Tax & General Tax Planning

 

Autumn Budget: Breakdown of the Tax Changes
Our summary of all the tax changes from Rachel Reeves' Autumn Budget.
October Budget: What Changes Will be Made to Inheritance Tax?
The new Government is likely to increase the IHT tax take, but how?
October Budget: Employers National Insurance May Increase
Labour will break its manifesto pledge if employer's national insurance is raised in the Budget.
October 2024 Budget Capital Gains Tax Changes
Rumours are circulating that Rachel Reeves will increase CGT rates in her maiden Budget on October 30th 2024.
October 2024 Budget Pension Tax Changes
Rachel Reeves could clamp down on pensions in some way in the October 30th Budget.
SELF EMPLOYED BUSINESS OWNERS
Maximising your tax deductions is an important factor in reducing your tax bill. Find out how self employed business owners can pay less tax.
HOME OFFICE TAX DEDUCTION
Working from home means you can claim part of your household costs for tax purposes as a home office tax deduction.
INCREASE YOUR TAX DEDUCTIBLE INTEREST
Find out how to increase your mortgage interest tax deduction using these little known secrets.
THE NEW ENTREPRENEURS RELIEF
It's the biggest change to capital gains tax in a decade. Find out how entrepreneurs relief affects you and how to maximize it.
TOP 10 MISTAKES FOR NON-RESIDENTS
Non-resident and offshore tax planning can be complicated but our expert author explains it all in plain English.
TOP TEN TAX TIPS FOR FOREIGN PROPERTY OWNERS
If you own overseas property this article tells you all the tax dos and don'ts!
10 TOP TIPS FOR THE SMALL BUSINESS OWNER
Essential reading for all business owners who want to maximise profits and reduce taxes.
SELLING YOUR HOME AFTER YOU'VE LEFT THE UK
This article shows you how to avoid capital gains tax after you have left the UK.
WHEN YOU SHOULD NOT USE A COMPANY
Companies are excellent tax shelter. Find out when they are NOT a good idea.
HOW THE NEW CAPITAL GAINS TAX RULES WILL AFFECT YOU
The capital gains tax system was fundamentally changed in 2007. Find out how the new capital gains tax rules will affect you.
CAN YOU BE A TAX EXILE?
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 - MINIMISE UK INCOME TAX
Working abroad is exciting for most individuals. However, there are important tax implications you must be aware of.
TAX BENEFITS OF RENTAL LOSSES
Make the most of your rental losses with this informative mini guide.
BUSINESS PROPERTY RELIEF
Business property relief is an extremely important IHT relief. Our guide How to Avoid Inheritance Tax explains all the rules.
SALARY OR DIVIDEND?
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.
COMMERCIAL PROPERTY VS RESIDENTIAL PROPERTY
This article explains the tax differences between commercial and residential property investments.
LOOK BEFORE YOU LEAP (OVERSEAS TAX)
This article explains the tax traps to watch out for when you invest overseas.
WHY TRUSTS ARE STILL POWERFUL TAX SHELTERS
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.
TOP 10 TAX DEDUCTIONS FOR PROPERTY INVESTORS
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.
TOP TEN TAX DEDUCTIONS FOR SMALL BUSINESSES
Many business owners don't know how many tax deductions they can claim - this article lists some of the best but little known deductions.
THE TAX BENEFITS OF JOINT OWNERSHIP
Owning property jointly has enormous income tax and capital gains tax benefits.
HOW EMPLOYEES CAN REDUCE NATIONAL INSURANCE
By getting your employer to contribute directly to your pension fund you could save a mountain of national insurance.
HOW TO USE STAMP DUTY TO SELL PROPERTY
Stamp duty planning techniques explained.
TAXATION OF SMALL COMPANY DIVIDENDS
Small company owners need to know how to structure their pay in the most tax efficient way possible.
THE TAX BENEFITS OF COMMERCIAL PROPERTY
More tax benefits of commercial property investing.
THE TAX CONSEQUENCES OF RE-MORTGAGING
Re-mortgaging property has some very important tax implications... ignore them at your peril.
BUSINESS TAX CREDITS
Tax credits are not just for poor families. Many business owners can also benefit from tax credits - IF they make a claim.
EMPLOYING CHILDREN
Paying salaries to your children is a good way to reduce your taxable profits but which children can you legally employ?
TAX ON BENEFITS IN KIND
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.
TAX ON STAFF ENTERTAINMENT
It comes as a surprise to many people that staff entertaining is an allowable business expense.

 

 

Carl Bayley
Learn from Carl Bayley how to reduce your tax bill by thousands.
Buy to Let Books
Find a little help breaking into, or advancing in the "Buy to Let" market.
Self Invested Personal Pension
Information on exciting new investment opportunities.
Property SIPPs
Interesting resources on this desirable topic for property investors.
Directors Dividends
Get the best mix of salary, bonus and dividend to minimise payable tax.
Discretionary Trusts
Get your inheritance tax affairs in order with invaluable guide.
Tax Books
Definitive tax books, written by top experts to help you pay less tax.
Property Books
Essential reading for anyone considering investing in property.
Paying Dividends
A guide to tax efficient profit extraction from your limited company.
UK Stamp Duty
Find out how to pay less stamp duty in the United Kingdom.
Avoiding Tax
Find out how to legally minimise any tax bill, for almost all taxation areas.
Tax on a Second Home
Great information about paying less tax on your second home.
Property Investment Company
Investing using a property investment company could save you a fortune in tax.
Buy To Let Tax
Useful information about paying the least amount of tax possible on your 'buy-to-let' property investments.
Dividend Calculator
Get the latest valuable advice for your dividend calculations.
Minimising Tax
Use Taxcafe's excellent tax guides to help you minimising tax in all areas of your life.
Stamp Duty Exempt Areas
Locate and make use of stamp duty exempt areas with Taxcafe's guide.
Taper Relief
Learn how to use taper relief to pay less CGT on your investment profits.
Reduce Tax
With a little help from Taxcafe you could save thousands by learning to reduce tax.
Capital Gains Tax Allowance
Know your capital gains tax allowances, and how best to use them.
IHT
Pay less IHT with Taxcafe guide and protect your family assets from the taxman.
Self Assessment Tax Returns
An excellent guide to filling out your self assessment tax returns form.
Residential Property SIPPs
Learn more about the proposed SIPP changes in 2008.
Property ISA
Get up to speed with the most exciting form of property investment in years.
Property Rental Income
Find out how you could save thousands in property rental income tax.
UK Personal Tax Returns
Filling out your UK personal tax returns made easy with Taxcafe's guide.
Tax on Shares
Comprehensive advice on paying less capital gains tax on shares and stocks.
Dividends Tax
Learn to tax efficiently extract funds from a company with dividends tax.
Stamp Duty Land Tax
Use little known strategies to pay less stamp duty land tax.
Capital Gains Tax On Shares
Learn how to significantly reduce your shares CGT liability.
Capital Gains Tax Taper Relief
Make the most of taper relief to reduce CGT on property and shares.
Tax in Jersey
Find out how to take advantage of the huge tax benefits enjoyed by Jersey residents.
Tax on the Isle of Man
All the information you will need on the tax system in Isle of Man.
Commercial Property Tax
A great guide to dealing with commercial property tax.
Business Tax Planning
Find comprehensive information on business tax planning.
Sole Trader Tax
How sole trader businesses could save a fortune in tax by using a company.
Buy To Let Taxation
Excellent tax information for buy to let property investors.
Taxation Books
Excellent tax books from Taxcafe written by experienced tax writers.
How to Calculate Capital Gains Tax
CASE STUDY: Before considering how to reduce your capital gains tax bill, it’s important to understand exactly how the tax is calculated.
Employer's National Insurance Contributions
A significant yet often overlooked cost of business is paying Employer's National Insurance Contributions.
The Principal Private Residence Exemption
When you sell your home the profit is tax free – PPR exemption can also be used by property investors, not just homeowners.
Inland Revenue UK
Excellent ways to reduce your outgoings on many forms of tax.
Employee Pensions
All businesses, no matter how small, will eventually have to start making pension contributions for their employees.
Trust Taxation
Manage your trust taxation with this fantastic jargon free plain-English guide.
Statutory Residence Test
Find out how the new statutory residence test will affect your tax planning.
Inheritance Tax Planning
Find out how to shelter your family and their inheritance from the taxman.

 

 

Capital Allowances: The Secret of Good Tax Planning is Timing
Timing your expenditure carefully during and after your transitional accounting period could lead to considerable tax savings.
A-Z Guide: Seed Enterprise Investment Scheme (SEIS)
The Seed Enterprise Investment Scheme (SEIS) may be the best thing since sliced bread for some investors.
IR35: New Tests for Personal Service Companies
Many of the tax planning opportunities available to other company owners may not apply to personal service companies.
Self-Employed Businesses: How to Cash in Overlap Relief
Many sole traders and business partners have a special tax relief they can use when the moment is right. It’s called ‘overlap relief’.
Employee Pensions: Auto-Enrolment Is Coming
Employers are soon to be required to pay a minimum percentage (eventually increasing to 3%) into their employees’ pension pots.
Inheritance Tax: Give More, Save More
After protecting your business and family from Income Tax, Capital Gains Tax and VAT, there is one final hurdle: Inheritance Tax.
Transferring Shares to Save Tax
It may be possible to save income tax by gifting shares in your company to a spouse or partner.
Cash Accounting Method for Small Businesses
The Government is proposing to introduce a new simplified voluntary cash accounting method for small businesses.
Profit Extraction: Should Your Company Pay You Rent?
Many company owners own their business premises personally and the company pays them rent - often more tax efficient than salary.
Company Owners: Avoiding Tax Thresholds
Being a company owner has several tax advantages over being a sole trader or partnership.
Child Benefit: Avoiding the Charge
Child benefit is extremely valuable - avoid having yours withdrawn completely once your income exceeds the threshold.

 

NEXT PAGE