Author: London Team
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Company Car Benefit: Understanding the Tax Implications
- February 17, 2025
- Posted by: Best4business Team
- Categories: News, Tax
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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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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…
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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…
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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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Temporary Repatriation Facility: An Opportunity for Former Non-Domiciled Taxpayers
The abolition of the UK’s non-domicile regime on 6 April 2025 marked one of the most significant…
October 19, 2026 Read more -
Pensions and Inheritance Tax: What the 2027 Changes Mean
From 6 April 2027, unused pension funds are expected to be brought within the scope of Inheritance…
October 19, 2026 Read more -
Mandatory Payrolling of Benefits in Kind: What Employers Need to Know
From 6 April 2027, employers will be required to payroll certain employee benefits in kind…
October 19, 2026 Read more
