Category: Tax
Feb 10, 2020 | TaxProfit Taking Strategy – What You Need To Know
Thomas Nock Martin offer a profit taking strategy to enable you to withdraw accumulated capital from your company, tax efficiently. Find out more.
Jan 16, 2020 | TaxCapital Allowances on Buildings | What You Need to Know
The SBA means that businesses are entitled to a new tax relief. If you build, buy or lease a structure and all construction contracts were signed on or after 29 October 2018, you may be able to claim tax relief. Find out more.
Dec 01, 2019 | TaxCompany Car Tax Rules | 2020 Changes
We specialise in business tax services, so if you need advice on your company car tax get in touch today. We have company car tax rules covered and can help you save money when it comes to your benefit in kind.
Nov 28, 2019 | TaxCapital Gains Tax Deferral Management
Summary. Capital Gains Tax Deferral through EIS investments allows UK investors to indefinitely defer CGT on gains by investing in qualifying unquoted companies. Recent rule changes, however, affect eligibility for Entrepreneurs’ Relief, potentially complicating CGT rates and deferral strategies. Thomas Nock Martin provides expert advice on maximising these tax benefits. Capital gains tax deferral […]
Nov 10, 2019 | TaxCompleting Your Online Self Assessment Tax Return
Summary. The annual deadline for submitting your online self-assessment tax return and paying any tax owed is 31st January. It’s essential for those with various income sources, including self-employment, property rental, or high savings. Online submission offers automatic bill calculation, instant confirmation, personalised forms, and error alerts. Missing the deadline incurs significant fines. Thomas Nock […]
Sep 25, 2019 | TaxHMO Tax | What Do I Qualify For As A HMO Landlord?
Summary. Landlords of HMOs generally can’t claim capital allowances for communal areas, as HMRC considers these as part of the dwelling. Tax deductions are viable for repairs and domestic item replacements. Incorrect claims risk penalties. Expert HMO tax advice is recommended. Our previous article on capital allowances for landlords raised a few questions regarding […]
