by Mubashir | Apr 30, 2018 | Misc
The importance of forward planning At some point you will want to stop working in your business and either sell up – in which case business exit planning is a crucial element of your financial strategy, and could make all the difference to your long-term personal...
by Mubashir | Apr 2, 2018 | Budgets & Other, Landlord, Limited Company, Payroll & PAYE, Personal Tax
Income Tax Rates and Bands Recent income tax rates and bands are as follows: 2015/16 2016/17 2017/18 Savings rate: 10%, 0% from 2015/16 0 – £5,000 0- £5,000 0- £5,000 Dividend Allowance: 20% NA 0 – £5,000 0 – £5,000 Basic rate: 20% 0 – £31,785...
by Mubashir | Oct 15, 2017 | Budgets & Other, Landlord, Misc
CGT Entrepreneurs’ Relief Explained Entrepreneurs relief was introduced to help protect entrepreneurs from rises in CGT rates. Entrepreneurs’ relief is available to individuals (or trustees in some circumstances) but not to limited companies....
by Mubashir | May 29, 2017 | Landlord, Personal Tax
An Introduction to Capital Gains Tax Capital Gains Tax (CGT) applies when chargeable assets are disposed of and is applicable to individuals and trustees but not to limited companies, although Limited Companies do pay Corporation Tax on the gains that they...