Author: London Team
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Loss Relief for Companies
- January 20, 2025
- Posted by: Best4business Team
- Categories: News, Tax
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Companies are typically established with the goal of making a profit. However sometimes…
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Loss Relief for Sole Traders
- January 20, 2025
- Posted by: Best4business Team
- Categories: News, Tax
When a sole trader (or self-employed) makes a trading loss it can be utilised in several…
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Family Investment Company (FIC)
- January 3, 2025
- Posted by: Best4business Team
- Categories: News, Tax
A Family Investment Company (FIC) is a private company whose shareholders…
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Termination Payments: Personal Tax Implications
- January 3, 2025
- Posted by: Best4business Team
- Categories: News, Tax
Termination payments, often arising at the time of retirement or dismissal, can include…
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Relief for Married Couples
- January 3, 2025
- Posted by: Best4business Team
- Categories: News, Tax
In this article, we explore the tax reliefs available for married couples and civil partners…
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Gift Relief for Capital Gains Tax (CGT)
- January 3, 2025
- Posted by: Best4business Team
- Categories: News, Tax
For CGT purposes a gift made by an individual is treated as a disposal even though no money…
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Extraction of Property from a Company
- December 23, 2024
- Posted by: Best4business Team
- Categories: News, Property
Many business owners purchase rental residential properties through their company…
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Employment Expenses
- December 23, 2024
- Posted by: Best4business Team
- Categories: News, Tax
During employment an employee may incur expenses out of their own pocket. If these expenses qualify as allowable…
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Extraction of Property from a Limited Company
- December 16, 2024
- Posted by: Best4business Team
- Categories: News, Property
As companies grow, they often accumulate surplus funds, which may be invested in non-core assets, such as buy-to-let…
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Employee Ownership Trust (EOT): A Smart Succession Strategy for Business Owners
- December 9, 2024
- Posted by: Best4business Team
- Categories: News, Tax
An Employee Ownership Trust (EOT) is a structure that enables businesses to be owned by their employees…
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Understanding Class 1A and Class 1B National Insurance Contributions (Employers)
National Insurance contributions (NICs) are a vital consideration for employers…
January 26, 2026 Read more -
Taxation of Interest Income in the UK
Interest earned on savings is a common form of income, yet many people are unsure how…
January 26, 2026 Read more -
Taxation of Dividends
A dividend is a distribution of profits by a company to its shareholders…
January 19, 2026 Read more
