Category Archive for "Latest Tax News"

Buying a Property: A Tax Planning Checklist

You could be forgiven for thinking that buying a property was sufficient hassle anyway, without having to bother your head about tax matters at the same time. Unfortunately, though, making the wrong decision in any of the areas mentioned below

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The VATman Cometh…

Taxes are a necessary evil.  This seemingly obvious statement probably need not have been made until very recently, when an unholy alliance of journalists and politicians have somehow conspired to give the impression that paying tax is somehow meritorious:  paying

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Revenue Turn the Big Guns on “Tax Avoidance”

Since the Entrepreneur’s Tax Guide was published, there has been a continuing, you might almost say relentless, public hue and cry against tax “avoidance”, in particular what I refer to as the “aggressive” type of planning, or the “brick through

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The End of Corporation Tax “Leakage”

One of the disadvantages of limited companies – and there are many – discussed in Chapter 5 of the Entrepreneur’s Tax Guide is the case of tax “leakage” where a company that is paying marginal rates of CT then pays

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More Thoughts About LLP’s

Since the book was published late in 2013, you may be aware that there are changes in the air regarding how LLP’s are taxed. I’ve set out in the Schmidt Tax Report my initial reaction to some proposed new rules

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