Child Benefit and the High Income Child Benefit Charge
The High Income Child Benefit Charge (HICBC) applies where an individual or their partner receives...
Avoid 60% Income Tax band
A ‘60% Income Tax band’ can arises when an individual’s income exceeds £100,000 in a...
Meaning of Carried Interest
Carried interest is essentially a share of the profits from an investment fund that is...
Construction Industry Scheme responsibilities
The Construction Industry Scheme (CIS) is used within the UK construction sector to help manage...
Don’t forget to pay your Class 1A NICs
Employers are reminded that Class 1A National Insurance contributions (NICs) for the 2025-26 tax year...
Meaning of Permanent Establishment
The term permanent establishment (PE) is an important tax concept for businesses that operate across...
Are you too dependent on one customer?
Many successful businesses begin by working closely with one major customer. While this can provide...
Five ways to improve customer retention
Winning new customers is important, but many businesses overlook the value of keeping the customers...
Employee travel expenses
There is no requirement to report certain travel and subsistence expenses where an exemption applies...
Tax treatment of loans to employees
Employees may receive a taxable benefit where an employer provides a loan that is interest-free...
Company mobile phones and tax implications
When employers provide mobile phones to employees, it is important to understand the tax treatment...
Understanding dividend tax
Understanding dividend tax is important for anyone who receives income from shares in a company...