A guide to transferring a business to a family member. There are more than...
A guide to reducing an individual’s tax liability. The overriding aim of all personal...
Lack of management skills limit business growth A lack of leadership and management skills...
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A guide to understanding the terms residence and domicile as well as their legal and tax implications. A large part of a person’s legal identity is based upon where they live at any one time and how long they will be staying there. If you stay in the UK for a prolonged period of time, … Continued
What’s the most tax-efficient way to pay yourself in 2016/17? Owner-managers and contractors often pay themselves in a combination of salaries, bonuses and dividends. A common strategy is to draw a salary of around £8,000 while also extracting profits from the business as a dividend. A salary of £8,060 (for the 2015/16 tax year) preserves … Continued