Tax planning is a year-round activity – and a very important part of your overall financial strategy. With good professional advice and judicious planning, you may be able to achieve considerable gains and savings. However, your tax planning must fit in with,...
It is an unfortunate fact of modern life that many marriages do not survive. When separation, divorce or dissolution occurs, there will almost inevitably be some tax consequences. Allowances The married couple’s allowance is only available to couples in which at...
Domicile and residence can each have a significant impact on how much UK tax you must pay, or indeed if you must pay UK tax at all. Both terms are used for tax purposes and have little to do with citizenship or nationality. Domicile and tax Domicile is the country you...
It has been some time since HMRC last published any information about Cryptoassets (previously known as Cryptocurrency or the common version of Bitcoin) but they have been working hard to provide an update to their final report issued in October 2018. On 19 December...
We are well aware of the charge on high earners for the Child Benefit allowance which has been in place since 2013. This means that those earning over the £50,000 have a charge which means that the benefit is completely lost for those earning more than £60,000....
We are all aware that putting money into a pension enables us to save for our future retirement but have you considered the savings that are available now? Each year, we all have up to £40,000 of annual allowance for pension contributions. If you are an employee,...
