Monthly Focus
-
MONTHLY FOCUS: IHT PLANNING WITH BUSINESS PROPERTY RELIEF
Ahead of the next General Election, there are rumours that inheritance tax (IHT) may be cut. It is unlikely to be abolished altogether, so it will still be important to take steps to mitigate your exposure as much as possible. How can business property relief be used in IHT planning?
-
SPECIAL FOCUS: AUTUMN STATEMENT 2023
The Chancellor delivered his Autumns Statement on 22 November 2023. National Insurance took the headlines, but there were other changes to note once the tax documents were published. In this Special Focus, we look at the key announcements and consider their practical impact.
-
MONTHLY FOCUS: SIMPLIFYING YOUR VAT REPORTING
Let's suppose you have just exceeded the VAT registration threshold. You are concerned about the level of complexity VAT accounting seems to involve. Could the Flat Rate Scheme help?
-
MONTHLY FOCUS: BUSINESS ASSET DISPOSAL RELIEF FOR UNINCORPORATED BUSINESSES
Business asset disposal relief (BADR) doesn't only apply to shares, it can also apply to the disposal of an unincorporated business, i.e. a sole trade or partnership interest. How is the relief secured in these situations?
-
MONTHLY FOCUS: TAX CONSIDERATIONS FOR HOME WORKERS IN THE POST-CORONAVIRUS ERA
Even though coronavirus-related lockdowns are now in the past, it appears that homeworking remains popular - even if it is only for one or two days a week. What are the tax implications here?
-
MONTHLY FOCUS - FAMILY WEALTH PLANNING WITH CASH INVESTMENTS
There are numerous investments that you might make to build wealth for your family, for example property or playing the stock market. But if you prefer good old fashioned cash, what are your options and how can you structure things around family members to save tax?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.