Tax relief on gifts to UK charities is available if you give under Gift Aid or through a Payroll Giving scheme or by making a gift of shares or land.
The High Income Child Benefit charge applies to a taxpayer who has income over £50,000 in a tax year where either they or their partner, if they have one
Dividend and savings allowances are available. We consider the opportunities and pitfalls of the personal tax rules.
The Enterprise Investment Scheme allows qualifying companies access to equity investment from new and, in some cases, existing shareholders.
ISAs are tax-exempt savings accounts available to individuals. At Naail & Co, we advise individuals on tax efficient investments in the Greater London area.
This factsheet sets out the rules which deal with the taxation in the UK of income arising outside the UK, for non UK domiciled individuals.
Under the self assessment regime an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time.
Under self assessment an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time.
Buy to let traditionally involves investing in property with the expectation of capital growth with the rental income from tenants covering the mortgage costs and any outgoings.
On the basis that the investment in property appears to make commercial sense what tax factors should you take into account?
The Seed Enterprise Investment Scheme complements the Enterprise Investment Scheme and is attractive to start up companies and investors in such companies.
We consider the statutory residence test and outline rules and records required. If you live in the Greater London area we, at Naail & Co, can provide advice on your individual circumstances.
Husbands and wives are taxed separately and the tax position of any children is also a consideration. Marriage breakdowns can also have a considerable impact for tax purposes.
Tax-Free Childcare will eventually replace Employer Supported Childcare and has the advantage that the self employed, as well as employed individuals, can make use of the scheme.
Venture Capital Trusts (VCTs) offer similar tax breaks to individuals as the Enterprise Investment Scheme. VCTs are managed by a variety of specialist fund companies.
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