Changes to tax relief in rental properties

Changes to tax relief in rental properties
In last year's Summer Budget, a number of changes were proposed that would affect landlords. One of these is the abolition of the wear and tear allowance, which will be replaced in April 2016 by a new form of tax relief applying to replacing furniture in residential dwellings.
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Personal Tax Planning – Part 2

Personal Tax Planning – Part 2
Last week we looked at three strategies that would help you with your personal tax planning, these were: Selling Assets by 5 April, Making gifts, Second Homes, pensions and tax efficient investments.

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Personal Tax Planning – Part 1

Personal Tax Planning – Part 1
We want to share with you over the next few weeks a number of strategies, which we think may help you with your tax planning.  We are splitting this blog into two parts so that it gives you time to work on a few of the strategies at a time.

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What are Community Interest Companies?

What are Community Interest Companies?
A community interest company, or CIC, is a social enterprise, which is established with the aim of providing a benefit to the community, rather than for making a profit or any other personal advantage. CICs were only established as a company type around a decade ago in the Companies Act 2004, and today there are more than 11,000 registered CICs. They are set up as limited companies and can vary in size with both small and large CICs operating in the UK.
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Changes to research and development tax relief claims

Changes to research and development tax relief claims
If your company pays corporation tax, then you may be able to save money on your taxes by claiming research & development tax relief. All Limited companies must pay corporation tax, but if you are unsure, then you can read our corporation tax blog to find out more.
 
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