Newsletters
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Threshold tax and benefit traps on families
The media like to bandy about the phrase “stealth tax”. In reality what they call stealth tax isn’t at all. However, there are genuine cliff-edge income thresholds that result in unfair tax charges. What are they and how can you avoid them?
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The new right to carer’s leave
On 6 April 2024 the new Carer’s Leave Regulations 2024 will come into force. How much statutory carer’s leave will your employees be entitled to take in any twelve-month period and is this a paid or unpaid right?
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Spring Budget rings the changes
The Chancellor of the Exchequer delivered his Spring Budget on 6 March 2024, with several announcements affecting individual taxpayers. What were the highlights?
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Winding up a trust - avoiding a tax trap
You’ve been looking after a trust for your children for years. As they are now adults and working you’ve decided to wind up the trust and give each of them their share of the fund. What steps can you take to make the winding up tax efficient?
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Planning your year-end dividend
The end of the tax year is approaching and you want to make full use of the 8.75% tax rate that applies to dividends. How can you work out how much dividend you can take and ensure its payment before the tax year ends?
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Fund your business with tax-efficient personal borrowing
Your business needs a vehicle and some equipment. It will have to borrow to make these purchases. You personally have the cash which you could lend to the business, but might there be a more tax-efficient option?
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.