HMRC have published the long delayed survey which they commissioned on Save As You Earn (SAYE) and Share Incentive Plans (SIP), which considers whether the schemes have met their policy objectives. The survey on SIPs was due in 2005.
While the report provides some useful statistics, it is disappointing that HMRC have failed to address some [...]

Deciding on whether it would be beneficial for a property investor to use a Limited Company can be quite complicated.
A lot will depend on your personal circumstances but also on what type of property business you are engaged in. For example if you buy property to renovate and then sell on at a profit you, [...]

An Individual Savings Account (ISA) allows any UK taxpayer aged 18 or over to save up to £7,200 each year (for 16-17 year olds this is £3,600 cash) and not pay tax on the income they receive from the investment.
They are now a permanent feature of the UK savings landscape.
Tax Advantages of ISAs

All income from the ISA [...]

“Going Offshore” is a phrase that one commonly hears usually accompanied by a wry smile or a sly wink of the eye.
There is an assumption that somehow “Offshore” is “dodgy” and anyone who has an offshore bank account or business must automatically be up to no good. Phrases like “tax avoidance”, “tax evasion” and, increasingly [...]

Here are some simple ways to save tax:

Keep accurate accounting records, remember to note down all business expenses;

File your tax return before the 31 January and avoid unnecessary fines;

Pay your tax on time so avoiding having to pay interest as well as a 5% surcharge;

If you are married consider organising your investments so that investment [...]

Following this year’s Caribbean Investment Forum meeting in Port of Spain (Trinidad & Tobago) on the 11th and 12th June, several countries have announced that they too want to turn themselves into tax havens.
So why the sudden rush? Well the countries involved: Trinidad & Tobago, Jamaica and the Dominican Republic don’t exactly have what could [...]

Inheritance Tax (IHT) is probably not at the forefront of most people’s minds. However given the relentless rise in UK property prices over the past few years (and even allowing for the current, probably short term price drops) many individuals and couples are likely to find that they have been pushed over the current threshold. [...]