Barn Conversions And Tax Planning

Barn Conversions And Tax Planning

We originally published this post on the ‘tax implications of barn conversions’ on 2 June 2014 and updated it on 4 June 2024 for freshness, accuracy, and comprehensiveness. Barn conversions have become increasingly popular in the UK, offering a unique...
Running Your Business as a Company

Running Your Business as a Company

The question of whether to run a business as a limited company is a major decision. Here we look at some of the key areas to consider. Tax implications Income tax vs corporation tax For limited companies, it is the company and not the director-shareholder that pays...
Ways To Save Tax Ahead Of The 5 April Year End

Ways To Save Tax Ahead Of The 5 April Year End

The end of the tax year of 5 April is fast approaching, and this is always a good time of year to think about ways to structure your business and personal finances so that they are as tax-efficient as possible. With new rates and various legislative changes due in the...

Do You Employ Any Scottish Nationals? – If So Read This

A Scottish rate of income tax (yet to be announced) will apply from 6 April 2016, allowing the Scottish Parliament to reduce the basic, higher and additional rates by up to 10% or increase them by any amount without limit. The Scottish rate will be administered by...