Tax

Emily unpicks the complex subject of VAT for medical practices.

Private client tax specialist, Kevin Francis, looks at HMRC’s new service levels portal.

The ‘high income child benefit charge’ claws back child benefit payments received by higher earners. Luke discusses who’s liable for this charge, whether you should opt out of the payments and how this can affect your National Insurance contributions.

We outline potential tax reliefs when investing in EIS and SEIS qualifying companies.

We discuss the merits of filing your tax return ahead of the payment deadline.

We discuss financial reporting for entities such as a small trust or family investment company.

We discuss benefit-in-kind legislation around assets that a company makes available to its directors and employees for their private use.

UK resident beneficiaries are often unaware that distributions to them from offshore trusts are usually taxable.

We look at the requirements set out by the European Union’s Fifth Money Laundering Directive to register a trust.

Many businesses aren’t aware that there’s a lucrative tax relief that could really help in these challenging times.