Article archive — page 4 of 7

2025 Inheritance Tax Changes for UK Non-Doms

17 Nov 2024

From 6 April 2025, the UK will tax non-UK domiciled individuals based on where they live, not their domicile. Key changes, including inheritance changes for UK non doms in 2025, in...

UK Non-Dom Tax Changes for Kiwis & Aussies

10 Nov 2024

One of the headline announcements made in the Autumn Budget on 30th October 2024 related to the taxation of non-doms living in the UK. The domicile of individuals residing in the U...

Employment Allowance 2025-26 Eligibility

04 Nov 2024

With the announcement of the 2024 Autumn Budget last week by Chancellor Rachel Reeves, there has been significant interest in the changes coming to employers’ National Insurance co...

UK Budget 2024: Impacts on Contractors

31 Oct 2024

In her October 30th budget statement, Chancellor Rachel Reeves delivered a big budget package, steering Britain into one of the most substantial tax increases in at least the last ...

Kiwis in the UK: Tax-Free Dividend Strategies

29 Oct 2024

IntroductionLast week, I had a Teams call with a Kiwi looking to move to the UK.He had questions about getting set up in the UK as a contractor, understanding how a limited company...

EV Contract Purchase vs Business Contract Hire

23 Oct 2024

A couple of weeks ago, I was contacted by a client who wanted to understand the tax and accounting differences between Contract Purchase and Business Contract Hire for acquiring a ...

IR35 Small Company Exemption: Overseas Clients

14 Oct 2024

Over the past few weeks, we have received several enquiries from UK-based contractors intending to take up contract work with overseas clients. A common question is how this is imp...

UK-Based Australian Contractors: A Guide

07 Oct 2024

Last week, we had an enquiry from an Australian who had recently moved to the UK and had the opportunity to continue working for an Australian-based company. They contacted us to h...

Using a Director's Loan for Quick Access to Funds

30 Sep 2024

Recently, one of our clients suffered a flooding issue and needed £10,000 at short notice to fix and replace various damaged parts of his house. The flooding damage was covered by ...

Understanding the Higher Tax Bracket

23 Sep 2024

In today’s blog, I want to take a look at the higher rate tax bracket and how it works for income earners and also for capital gains tax purposes. It’s a fairly niche subject this ...

UK Taxes for Australian Expats: Case Study

17 Sep 2024

Also see our other blog articles (a) A Look at the UK and Australia Double Tax Agreement, (b) Tax advice for Australians moving to the UK (c) Overseas Clients: A Guide for UK-Based...

Case Study: A Kiwi Paying UK Tax on No Income

09 Sep 2024

Also see our other blog articles (a) UK Tax Surprise: Capital Gains on Your Kiwi Property Explained, (b) Tax Advice for Kiwis Moving to the UKIn today’s blog, I want to look at a c...

Can You Be Self-Employed and Employed?

02 Sep 2024

Often, a common way of starting contracting is by doing a bit of work on the side, where you have your full-time employment but are also dipping your toe into self-employment.Maybe...

The UK-Australia Double Tax Agreement

26 Aug 2024

Also see our other blog articles(a) UK Taxes for Australian Expats: A Case Study on Managing Australian Income,(b) Tax advice for Australians moving to the UK(c) Overseas Clients: ...

UK Tax Bands and Rates 2024/25 (Archive)

19 Aug 2024

These are the rates for the 2024/25 tax year, which ended on 5 April 2025. They're here for reference if you're amending an old return or working through a disclosure. For the curr...

VAT Schemes: Standard Rate vs Flat Rate

05 Aug 2024

IntroductionWhen clients register their business for VAT they must decide whether to use the standard VAT scheme or the flat rate scheme for calculating how much VAT is due to the ...

UK CGT on Your Kiwi Property

29 Jul 2024

Also see our other blog articles (a) Case Study – The Kiwi Who Paid UK Tax on No Income, (b) Tax Advice for Kiwis Moving to the UKWe often receive inquiries from UK-based Kiwis who...

Guide to Dissolving a Limited Company

22 Jul 2024

In our experience, the decision to dissolve a company is never taken lightly by our clients. It can be a complex and emotional process, but having the right information can make it...

Effortless Online Tax Return Filing

25 Jun 2024

For the next few months, we will see a steady stream of requests coming through from existing clients, and many first-time clients, who are wanting help to prepare and file their U...

Top Tips on the Taxation of Rental Income

18 Jun 2024

Over the years we have noticed that clients’ interest in landlord-related topics tends to come and go. But regardless of the season, its always good to keep you informed with up-to...

Understanding CGT Rates and Allowances

11 Jun 2024

Capital Gains Tax (CGT), also known as “cgt tax”, is the tax you pay on the profit from selling assets like property, shares, or valuables. This article clarifies what cgt tax is, ...

The Trivial Benefit Exemption Explained

03 Jun 2024

A trivial benefit is a modest, tax-free perk that employers give to appreciate their employees. It must cost £50 or less, not be cash, and not reward job performance. In this artic...

HMRC's Voluntary NI Contributions Explained

27 May 2024

Many of our clients often reach out with questions about gaps in their National Insurance (NI) contributions and the potential impact on their state pension. With HMRC recently lau...

2024/25 Dividend Tax: Two Worked Examples

06 May 2024

Today, we are going to take a look at two illustrative examples to help explain the process of completing a dividend tax calculation for the 2024/25 tax year. This follows on from ...