Tax Consultants in Kensington

Tax Planning

Posted by on February 13, 2013 at 10:42 am

Despite the efforts of HMRC, there is still a possibility to use your home for inheritance tax planning. One option for this is to use an equity release scheme. This can be in the form of a loan or a sale and lease back. However, there are advantages and disadvantages of each. Having the largest part […]

When Can New Company Pay Dividends?

Posted by on January 23, 2013 at 10:13 am

Dividends are the most tax efficient way to get income out of your limited company. But dividends can only be paid where the company is making a profit. So what will be the response if HMRC if you pay dividends from a loss-making company?

How will the Autumn Statement Affect you?

Posted by on December 21, 2012 at 10:10 am

In Tax Perspective Many lower paid workers will find themselves paying less income tax. Well that is something good to start with. The personal allowance, the amount that most people can earn before they pay income tax, will rise to £9,440 in April 2013. That will be a rise of £235 more than the chancellor […]

Advantages of Having an Associated Company to Minimise Tax

Posted by on August 22, 2012 at 10:05 am

With genuine commercial reasons you have the chance to run different parts of your business through separate companies, but this can lead to higher tax bills. So what are the steps that you can take to reduce them?