Practical Guides
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Practical guide: are shares an alternative to paying cash bonuses?
ABC Limited is a company that usually pays an annual cash bonus to its key employees. However, the CEO has asked whether using share-based remuneration would be better given the current economic outlook. What are the tax implications?
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Practical guide: VAT savings with a margin scheme
Your business might make big profits from selling second-hand goods online. If you account for VAT on the full selling price, are you aware that you could save tax by using a margin scheme instead?
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Practical guide: CGT advice for separating couples
Mr and Mrs A are married, but separated amicably in January 2022. How might forthcoming changes in the capital gains tax rules for separating couples help them here?
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Practical guide: getting ready for the new VAT penalty system
Your business might have fallen foul of the VAT surcharge regime previously. It’s being replaced with a completely new penalty regime from January 2023. What will this mean for your business and what are the pitfalls to avoid?
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Practical guide: navigating the complicated 2022/23 NI landscape
Following the announcement that the 1.25% increase in National Insurance (NI) rates is due to be reversed, what are the rates now applying for 2022/23 and what do you need to do to accommodate the changes?
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Practical guide: what are the tax advantages of electric company vehicles?
Following recent hikes in petrol and diesel prices, you are considering whether now is the time to make the switch to electric company cars, as you understand there are tax benefits of doing so. What tax breaks are available?