Author: London Team
-
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…
-
Statutory Residency Rules
- February 3, 2025
- Posted by: Best4business Team
- Categories: News, Tax
In the UK individuals who are considered residents for tax purposes are…
-
Trusts and Taxation Issues
- February 3, 2025
- Posted by: Best4business Team
- Categories: News, Tax
In simple terms a trust arrangement exists whenever there is a separation between…
-
Salary Sacrifice
- January 27, 2025
- Posted by: Best4business Team
- Categories: News, Tax
Salary sacrifice is an arrangement between an employer and employee whereby the…
-
Rollover Relief (RR)
- January 27, 2025
- Posted by: Best4business Team
- Categories: News, Tax
Rollover Relief (RR) is available to companies and traders when they sell a business asset…
-
Land Remediation Relief (LRR)
- January 27, 2025
- Posted by: Best4business Team
- Categories: News, Tax
Land Remediation Relief (LRR) is intended to encourage businesses to remediate…
-
Loss Relief for Companies
- January 20, 2025
- Posted by: Best4business Team
- Categories: News, Tax
Companies are typically established with the goal of making a profit. However sometimes…
-
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…
-
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…
-
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…
-
FRS 102 Lease Accounting Changes: What Businesses Need to Know
Significant revisions to Financial Reporting Standard 102 (FRS 102) are set to transform lease accounting…
April 27, 2026 Read more -
Annual Investment Allowance
The Annual Investment Allowance (AIA) is a valuable relief for businesses investing in plant and machinery…
April 7, 2026 Read more -
Long-Life Assets for Capital Allowances
When businesses invest in plant and machinery, one of the key considerations for tax relief…
April 7, 2026 Read more
