Regular tax tips and advice
As we enter the season of preparing P11Ds for our clients, it's a great time to review the tax treatment of common benefits in kind. This guide offers an overview of these benefits, highlighting ways to optimize tax efficiency for both employers and employees.
Read moreWelcome to another session of topical tax tips with Bernard Critchley, Tax Manager at Aspen Waite. Today, we’ll explore the complexities of VAT reclaims for DIY builders, providing a comprehensive guide for those undertaking construction or conversion projects.
Read moreWelcome to another session of topical tax tips with Bernard Critchley, Tax Manager at Aspen Waite. Today, we focus on inheritance tax (IHT), particularly on the various exemptions available and the importance of proper planning. Annual Exemptions and Gifts
Read moreWelcome to another session of topical tax tips with Bernard Critchley, Tax Manager at Aspen Waite. Today, we delve into the complexities of business travel expenses, focusing on the expenses incurred by an employee and whether those reimbursements give rise to a tax charge or not.
Read moreWelcome to another session with Bernard Critchley, Tax Manager at Aspen Waite, focusing on topical tax tips. Today, we'll explore the tax implications and benefits of company cars, providing a comprehensive overview for both employees and employers.
Read moreToday, we focus on tax issues affecting older taxpayers, a group often overlooked yet increasingly significant. This guide aims to provide clarity and strategies to help older individuals manage their tax affairs efficiently.
Read moreToday, we're delving into the nuances of Capital Gains Tax (CGT) and the various exemptions available for individuals. This discussion will focus on personal assets, leaving business assets for another day.
Read moreIn today's ever-changing tax landscape, staying informed about upcoming changes is crucial for both businesses and individuals. One significant change that may have slipped under the radar for some is HMRC's Basis Period Reform. This reform fundamentally changes the way trading profits for unincorporated businesses—such as sole traders and partnerships—are calculated for income tax purposes. Bernard Critchley, Tax Manager at Aspen Waite, provides an insightful overview of what these changes entail and how they might affect you.
Read moreWelcome to another instalment of our topical tax tips! I’m Bernard Critchley, the Tax Manager at Aspen Waite in Bridgwater. Today, we delve into the intriguing world of Family Investment Companies (FICs) and how they can be a strategic tool for managing substantial investments and achieving tax efficiency.
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