Get Acquainted with Capital and Revenue Expenditure
Learn about Capital and Revenue Expenditure and why its important to know about them S a business owner or manager.
Overseas Entities Owning UK Property: A Tax Compliance Guide
Learn about the range of applicable taxes after completing the register of overseas entities process in the Companies House.
What is More Tax Efficient – Pay Myself a Salary or Dividends
This article discusses the decision-making process for directors in choosing between salary and dividends, considering factors like tax efficiency and individual circumstances.
Private Residence Relief – A Complete Guide
This article explains Private Residence Relief (PRR), a capital gains tax exemption for property sales when the property is your primary residence, covering eligibility conditions, calculation methods, and scenarios such as owning multiple properties or nominating a main residence.
Jointly Owned Properties | Top Tax Saving Tips
The article outlines the tax implications of joint property ownership in England & Wales, covering Joint Tenancy, Tenancy in Common, default income splits, the use of Form 17 to change splits for married couples, and the strategy of transferring beneficial...
