Posts Tagged ‘ Tax Saving Ideas ’

Using a Limited Company to Save Property Tax

Aug 14th, 2008 | By James Green | Category: Tax Saving Ideas

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, [...]



Quick Guide to Individual Savings Accounts (ISA’s)

Aug 14th, 2008 | By James Green | Category: Investments, Tax Saving Ideas, UK Personal Taxes

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 [...]



Ten Simple Ways to Save Tax

Aug 6th, 2008 | By James Green | Category: Tax Saving Ideas, UK Business Taxes, UK Personal Taxes

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 [...]