PSA vs P11D: A Practical Guide to Benefits in Kind
Ellie Sheidan Ellie Sheidan

PSA vs P11D: A Practical Guide to Benefits in Kind

Providing benefits to employees, whether it’s a company car, private medical insurance, or even staff entertainment, comes with tax responsibilities. But how you report and pay that tax depends on the type of benefit and how you choose to deal with it.

Read More
Share-for-Share Exchange and Advance Clearance: A Guide for UK Businesses
Angelina Curylo Angelina Curylo

Share-for-Share Exchange and Advance Clearance: A Guide for UK Businesses

Looking to merge, restructure, or close a UK business? A share-for-share exchange can help you defer Capital Gains Tax while maintaining shareholder continuity. Combined with HMRC advance clearance, it provides certainty that your transaction will be tax-neutral. In this guide, we explain the process, practical steps, and common pitfalls to avoid when using these tools for tax-efficient corporate restructuring.

Read More
The Tax Benefits of Alphabet Shares for UK Companies
Angelina Curylo Angelina Curylo

The Tax Benefits of Alphabet Shares for UK Companies

Alphabet shares offer UK business owners a flexible way to manage profits, retain control, and plan for the future. By creating different classes of shares, companies can direct dividends efficiently, optimise tax for family members, and implement advanced inheritance tax (IHT) strategies, such as shares with or without winding-up rights. These structures help balance income distribution, capital retention, and estate planning, making them a powerful tool for family businesses and owner-managed companies.

Read More
Business Asset Disposal Relief (BADR): What It Is and How the Rules Are Changing
Ellie Sheidan Ellie Sheidan

Business Asset Disposal Relief (BADR): What It Is and How the Rules Are Changing

Business Asset Disposal Relief (BADR) is one of the most valuable tax reliefs available to UK business owners. It allows qualifying gains from the sale of a business, or shares in a trading company, to be taxed at a reduced Capital Gains Tax (CGT) rate. However, upcoming changes to CGT rates from April 2026 mean the tax savings available through BADR are reducing.

Read More
The Hidden Tax Trap in Home Office Conversions
Angelina Curylo Angelina Curylo

The Hidden Tax Trap in Home Office Conversions

Converting your garage into a home office and asking your limited company to cover the cost may seem sensible, but it can trigger an unexpected personal tax charge. Before you start building, understand the hidden benefit-in-kind trap and how proper planning can significantly reduce the exposure.

Read More
Rewarding Employees with Shares – A Tax-Efficient Approach Using EMI Schemes
Ellie Sheidan Ellie Sheidan

Rewarding Employees with Shares – A Tax-Efficient Approach Using EMI Schemes

Many business owners want to reward and retain key employees by offering them shares in the company. While this can be highly motivating, the way shares are awarded can have significant tax consequences. In this article, we explore the tax treatment of employee share awards and explain why Enterprise Management Incentive (EMI) schemes are often the most tax-efficient solution.

Read More
Deductible Payments and Qualifying Interest: A UK Tax Advisor’s Guide
Angelina Curylo Angelina Curylo

Deductible Payments and Qualifying Interest: A UK Tax Advisor’s Guide

Deductible payments can significantly reduce a taxpayer’s income tax liability, but the rules are often misunderstood. This article explains how interest relief on qualifying loans works, when relief is available, and how recovery of capital can restrict or remove that relief in practice.

Read More
Navigating the New UK Non-Dom Tax Rules: Essential Insights from 6 April 2025
Angelina Curylo Angelina Curylo

Navigating the New UK Non-Dom Tax Rules: Essential Insights from 6 April 2025

From 6 April 2025, the UK’s non-domiciled tax regime undergoes its biggest overhaul in decades. The remittance basis is being abolished and replaced with a residence-based taxation framework, affecting foreign income, gains, trusts, and inheritance tax. Our guide explains the key changes, practical implications, and planning considerations for non-doms and their advisors, helping you navigate the new rules with confidence.

Read More
R&D Tax Relief in the UK: What Companies Need to Know From 1 April 2024
Angelina Curylo Angelina Curylo

R&D Tax Relief in the UK: What Companies Need to Know From 1 April 2024

With the UK’s merged R&D tax relief scheme now in effect for accounting periods starting from 1 April 2024, many companies are filing their first post-reform claims. This guide breaks down the key changes, eligibility rules, and practical tips for maximising R&D tax credits - ensuring your business can confidently navigate the new landscape and secure the relief it deserves.

Read More
Christmas Giving & Inheritance Tax: How to Gift to Loved Ones Without the Tax Risk
Ellie Sheidan Ellie Sheidan

Christmas Giving & Inheritance Tax: How to Gift to Loved Ones Without the Tax Risk

Christmas is a wonderful time to give to the people you love, and with a little planning, you can do so without triggering unnecessary Inheritance Tax implications. Small gifts of up to £250 per person each tax year, as well as your annual £3,000 gifting allowance, can be given freely without affecting your estate for IHT purposes. Regular gifts made out of surplus income can also be exempt if they don’t reduce your standard of living. By using these allowances thoughtfully, you can spread generosity at Christmas while keeping your long-term estate planning on track.

Read More
Important UK Tax Changes from 6 April 2026 - What You Need to Know
Ellie Sheidan Ellie Sheidan

Important UK Tax Changes from 6 April 2026 - What You Need to Know

From 6 April 2026, a number of significant UK tax changes will come into effect, impacting individuals, business owners, landlords and investors. These include higher dividend tax rates, the introduction of Making Tax Digital for Income Tax, reforms to Business and Agricultural Property Relief, changes to Capital Gains Tax, and the removal of homeworking expense relief. Understanding how these changes affect you, and planning ahead - will be key to staying compliant and managing your tax position efficiently.

Read More
Unwrapping the £150 Christmas Party Exemption: A Tax Guide for UK Businesses
Angelina Curylo Angelina Curylo

Unwrapping the £150 Christmas Party Exemption: A Tax Guide for UK Businesses

Many UK businesses know about HMRC’s £150 per person allowance for Christmas parties and other annual events. It sounds simple: spend up to £150 per head, claim a full corporation tax deduction, and employees avoid a Benefit in Kind charge. But the details behind this rule often catch employers out. A small oversight can turn a tax-free celebration into a taxable benefit with unexpected reporting and NIC costs. Here’s what you need to know to use the exemption correctly.

Read More
Navigating Inheritance Tax: Protecting Your Legacy with Confidence
Ellie Sheidan Ellie Sheidan

Navigating Inheritance Tax: Protecting Your Legacy with Confidence

UK inheritance tax rules help individuals and families protect their wealth and plan their estates effectively. With careful planning, it’s possible to reduce the tax payable or pass on more to your beneficiaries. Strategies include lifetime gifts, trusts, and exemptions, helping to preserve your legacy and safeguard your family’s financial future. This guidance supports both individuals and families, encouraging proactive planning and long-term security.

Read More
Unlocking Innovation with UK R&D Tax Credits: A Guide for Business Growth
Ellie Sheidan Ellie Sheidan

Unlocking Innovation with UK R&D Tax Credits: A Guide for Business Growth

UK R&D tax credits help businesses recover part of their innovation costs, whether developing new products, processes, or technologies. Even unsuccessful projects can qualify. Companies can reduce corporation tax or receive a cash repayment, boosting cash flow. The incentive supports SMEs and larger firms, encouraging continued investment in research and development.

Read More

Get in touch.

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.