Charitable Giving This Essentials Guide outlines the key points when considering your philanthropy activities. Cash gifts to UK charities Gifts to charities via Gift Aid remain one of the tax favoured options for claiming tax relief. It is important that you tick the relevant box or make the declaration when making the gift so [...]
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So far lk has created 22 blog entries.
Crypto Currencies & Tax - Live Webinar On Wednesday 28th July our Head of Tax Robyn Milstead hosted a bitesize webinar detailing the current UK taxation rules for Crypto Currencies. For those of that missed the webinar you can view it here: https://lnkd.in/edGBdrF Passcode: nv=d?1e3 Our tax team are here to help If you [...]
Cryptoassets, Tax and You In 2009 the first decentralised cryptocurrency, Bitcoin, was launched and at this point it was a concept widely unknown and badly understood. Now, based on research by the Financial Conduct Authority published in June 2020, an estimated 2.6million adults in the UK had owned cryptoassets at some point in [...]
Inheritance Tax Planning This Essentials Guide outlines the areas you might consider when reviewing your potential inheritance tax (IHT) exposure. Determine who you wish to benefit from your estate and make a will It is estimated that two-thirds of people in the UK have not made a will. The laws of intestacy may not [...]
LK & Associates Tax Specialist Robyn Milstead presented an in depth overview of IR35 IR35 Webinar - Wednesday 24th March 2021 - What is IR35? - How do I know if IR35 applies to me? - What should I do if my client says I am inside IR35? On [...]
Customer and staff Christmas Gifts fall into the category of entertaining and as a general rule expenses, incurred by a business in providing entertainment or employee gifts, in connection with a business are not tax deductible. Is your company's Christmas party tax deductible? As a limited company owner, you [...]
MTD had been planned to start in April 2018. It will now start in April 2019 and only at that date for businesses with a turnover above the VAT threshold in order to meet their VAT obligations. The deadlines for sending VAT returns and making payments are not changing.
The General Data Protection Regulation (GDPR) comes into force on 25th May 2018 and is intended to harmonise European data protection laws to meet the demands of the ‘big data’ era. Find out what it means for you and your business.
With a cut in dividend allowance coming in April 2018 and the end of 2017/18 fast approaching it is important to review how you extract profits from your business.
When an individual contributes to their pension, they must ensure that the amount they contribute is less than 100% of their ‘relevant UK earnings’ for that tax year or £3,600 (£2,880 net). Any personal contributions made above that amount will not get any tax relief.
This Essentials Guide to Optimum Limited Company Director Salary and Dividends 2018/19, outlines the most tax efficient salary and dividend structure for the 2018/19 tax year (6th April 2018 to 5th April 2019).