Monthly Focus
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SPECIAL FOCUS: AUTUMN STATEMENT 2023
The Chancellor delivered his Autumns Statement on 22 November 2023. National Insurance took the headlines, but there were other changes to note once the tax documents were published. In this Special Focus, we look at the key announcements and consider their practical impact.
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MONTHLY FOCUS: SIMPLIFYING YOUR VAT REPORTING
Let's suppose you have just exceeded the VAT registration threshold. You are concerned about the level of complexity VAT accounting seems to involve. Could the Flat Rate Scheme help?
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MONTHLY FOCUS: BUSINESS ASSET DISPOSAL RELIEF FOR UNINCORPORATED BUSINESSES
Business asset disposal relief (BADR) doesn't only apply to shares, it can also apply to the disposal of an unincorporated business, i.e. a sole trade or partnership interest. How is the relief secured in these situations?
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MONTHLY FOCUS: TAX CONSIDERATIONS FOR HOME WORKERS IN THE POST-CORONAVIRUS ERA
Even though coronavirus-related lockdowns are now in the past, it appears that homeworking remains popular - even if it is only for one or two days a week. What are the tax implications here?
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MONTHLY FOCUS - FAMILY WEALTH PLANNING WITH CASH INVESTMENTS
There are numerous investments that you might make to build wealth for your family, for example property or playing the stock market. But if you prefer good old fashioned cash, what are your options and how can you structure things around family members to save tax?
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MONTHLY FOCUS: DIRECTORS' LOAN ACCOUNTS
A director’s loan account (DLA) is simply a record of transactions between a director or shareholder and their company. An overdrawn DLA, that’s one where the director owes the company money, can result in special tax charges for the director and the company. In this Focus, we look at the rules governing DLAs.