Author: London Team

  • Annual Tax on Enveloped Dwellings (ATED)

    • March 3, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
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    The Annual Tax on Enveloped Dwellings (ATED) was introduced to combat…

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  • Tax-Efficient Investments in the UK

    • March 3, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
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    In the UK, individuals are generally subject to income tax on all income earned…

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  • Life Insurance and Tax Implications

    • March 3, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
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    There are generally two types of life insurance products: one that pays…

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  • Close Company Tax Implications

    • February 24, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
    No Comments

    A close company in the UK is a resident company controlled…

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  • Pre-Owned Assets

    • February 24, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
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    Pre-owned asset rules were introduced to address inheritance tax…

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  • Tax Relief on Donations to Charity

    • February 24, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
    No Comments

    Individuals are eligible for tax relief when making donations to UK-registered…

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  • Business Investment Relief

    • February 21, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
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    UK resident individuals are generally taxed on their worldwide income…

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  • Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA)

    • February 21, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
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    MTD for ITSA requires sole traders and landlords with qualifying income to maintain…

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  • Company Car Benefit: Understanding the Tax Implications

    • February 17, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
    No Comments

    Employers often provide company cars and sometimes fuel for…

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  • Trading Profit or Capital Gains: Understanding the Tax Implications

    • February 17, 2025
    • Posted by: Best4business Team
    • Categories: News, Tax
    No Comments

    In the UK, the capital gains tax rate is currently 24%, while income tax can be as high…

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