Tag Archives: tax planning

How to (Legally) Pay No Tax on UK Property Development Profits!

This blog post provides an overview of how individuals can legally enjoy the trading profits from their UK commercial or residential development projects without suffering any UK tax costs. Planning Overview The planning (broadly) operates as follows: The property development … Continue reading

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Tax – avoidance or evasion

To the average person whose only concern is whether they have correctly rounded up their building society interest on their tax return the tax machinations of multi-national corporations must seem not just a world away but more like on another … Continue reading

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Charity Bequests

If you have ever considered leaving money to charity in your will then you are not alone. New research by Smee & Ford has revealed that some 15% of wills include a charitable bequest and that this figure is on … Continue reading

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The Panama effect

There is a fine line between legitimate tax planning and tax evasion. In fact, over the last few years it could be said that the line is becoming ever thinner as governmental and public pressure encourage individuals and organisations not … Continue reading

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Budgeting for tax

Announcements on sugar tax and disability benefits may have drawn the headlines, but there was certainly plenty in the March 2016 budget to make individuals and businesses reappraise their tax planning for the years ahead. For effective planning the ‘devil … Continue reading

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Year End Tax Planning

Have you implemented any year end tax planning yet? With the end of the 2015/16 tax year fast approaching, there is still time to implement some tax planning, but you need to act quickly. Newshams Tax Advisers are experts at … Continue reading

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Entrepreneurs’ Relief

Entrepreneurs’ Relief is available to individuals and some trustees in respect of capital gains made on the disposal of all or part of a business, business assets if the business has stopped trading and in certain cases shares owned in … Continue reading

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Business Premises Renovation Allowance – the basics

Business Premises Renovation Allowance (BPRA) was introduced by the Finance Act 2005 as an incentive to bring derelict or unused properties back into life. The BPRA was designed to run for a period of 5 years from 11 April 2007 … Continue reading

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What will the budget have in store for SDLT?

Stamp Duty Land Tax (SDLT) concessions granted to first time buyers in the 2010 budget come to an end on 24 March this year. The concession, which meant that first time buyers wouldn’t have to pay the 1% SDLT on … Continue reading

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Post Cessation Trade Relief – a consultation

On 12 January the Government via HMRC announced that it was to take immediate steps to counter tax avoidance resulting from post cessation trade relief. This relief arises when costs or bad debts are incurred which directly relate to a … Continue reading

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