Category Archive Tax Planning

Is incorporation still the way to go for solid financial planning?

May 22, 2024 Comments Off on Is incorporation still the way to go for solid financial planning? By Joshua Leigh & Co

From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?

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Starting a seasonal business? Here is what you need to know

May 16, 2024 Comments Off on Starting a seasonal business? Here is what you need to know By Joshua Leigh & Co

Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and opportunities.

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Earning between £100,000 and £150,000? Your tax return is changing

May 15, 2024 Comments Off on Earning between £100,000 and £150,000? Your tax return is changing By Joshua Leigh & Co

If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.

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Due a tax rebate? Keep an eye on your account

April 9, 2024 Comments Off on Due a tax rebate? Keep an eye on your account By Joshua Leigh & Co

In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment.

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Plan a little, achieve a lot – Destress with effective tax planning

April 3, 2024 Comments Off on Plan a little, achieve a lot – Destress with effective tax planning By Joshua Leigh & Co

April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are turning your attention to tax planning for the coming year.

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Is your partnership tax-efficient?

March 28, 2024 Comments Off on Is your partnership tax-efficient? By Joshua Leigh & Co

Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need to minimise costs.

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Making the most of pension contributions for tax purposes

March 12, 2024 Comments Off on Making the most of pension contributions for tax purposes By Joshua Leigh & Co

Are you ready for the end of the 2023/24 tax year?

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Higher rate taxpayer? How to prepare for the end of the tax year

February 21, 2024 Comments Off on Higher rate taxpayer? How to prepare for the end of the tax year By Joshua Leigh & Co

The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as tax efficient as possible.

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Attention UK Taxpayers – do you understand the 500T tax code?

January 31, 2024 Comments Off on Attention UK Taxpayers – do you understand the 500T tax code? By Joshua Leigh & Co

The 500T tax code in the UK is a temporary, non-cumulative code used by HMRC when they lack information.

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Implications for businesses amid soaring pension tax relief

December 13, 2023 Comments Off on Implications for businesses amid soaring pension tax relief By Joshua Leigh & Co

Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first time.

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