Author: London Team
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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
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
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
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
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
In the UK, the capital gains tax rate is currently 24%, while income tax can be as high…
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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…
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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…
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Salary Sacrifice
- January 27, 2025
- Posted by: Best4business Team
- Categories: News, Tax
Salary sacrifice is an arrangement between an employer and employee whereby the…
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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…
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Selling Plant and Machinery: Don’t Forget the Capital Gains Position
When a business sells a piece of plant or machinery, the immediate focus is usually on the capital allowances…
July 13, 2026 Read more -
Can a Lifetime Mortgage Reduce Inheritance Tax?
For many individuals, their home is their most valuable asset. As property values have increased…
July 13, 2026 Read more -
Form 17, Declarations of Trust and Property Income: A Guide for Married Couples
Many married couples and civil partners own rental properties together…
July 6, 2026 Read more
