In recent Tax Tuesday pieces, we have looked at tax efficient ways to incentivise the workforce, given the importance of a motivated workforce to the success of a business. Another key consideration for success is to ensure a business adopts the most appropriate...
In the last few Tax Tuesday pieces we have looked at ways of incentivising employees by using different types of share scheme. This time, we look at another means of providing tax efficient remuneration to employees, called optional remuneration arrangements (OpRA)....
Once again we look back at the announcements made in the March Budget 2021, in particular, the special rate capital allowance and super-deduction measures. (See our previous Tax Tuesday blog, Are you benefitting yet from the new super-deduction and special rate...
This week Tax Tuesday highlights the increasing UK inheritance tax take and the value of planning to reduce the IHT burden on your family and beneficiaries. The UK government collected £5.32 billion in Inheritance Tax in 2020/21. The inheritance tax take is only going...
Tax Tuesday regularly encounters business owners who are not yet aware of the significant commercial protection which can be achieved through having a holding company (Holdco) put on top of their operating company (Opco). This week we look at how you could apply this...
Taxpayers, who have undertaken a share exchange in relation to their trading company and may benefit from an election to crystallise the tax now, should read on. With only a month before the forthcoming Budget on 3 March, owners are braced for potentially significant...
