How to Pay Less Tax on Employment Income
If you are a non-resident of the UK, there is no UK tax payable on the income you are receiving outside the UK. It does not affect whether you work…
QROPs: Recent Tax Changes
As a leading chartered accountant firm in London, we have explained the recent tax changes and how they’ve affected QROPS (Qualifying Recognised Overseas Pension Scheme). Keep reading to find out. If…
How to Pay Less Tax on UK Pensions
If you are a non-tenant of the UK, you do not have any UK tax on overseas pensions, i.e., pensions from outside the UK. UK pensions are spared from UK…
How to Pay Less Tax on UK Rental Income?
If you reside in the UK for tax reasons, you have to pay global rental profits to UK income tax. Contrary to this, if you are a non-resident of the…
Tax Penalties
If you fail to get rid of your tax liability within a given deadline or do not comply with rules and regulations, HM Revenue & Customs (HMRC) has the right…
Family Investment Company –Passing Down Wealth in Tax-Efficient Manner
With the trend of establishing Family Investment Companies gaining momentum, it has become immensely important to explore ways of passing down wealth in a tax-efficient manner. So, if you are…
Diversifying Farms into On-Farm Commercial Ventures – Tax Implications
As income from farming continues to decline, farmers are moving towards a more diversified business. In this blog, our property tax advisors in London explore the tax implications of diversifying farms…