Blog
Employment Status, IR35 & the Off Payroll Working Rules
IR35 is a legislation designed to stop workers incorrectly claiming to be contractors, rather than employees, for tax benefits. Contractors and freelancers need to make sure that they are IR35 compliant. Find out more.
Making Tax Digital - An Update
The next steps in an ambitious plan to create a modernised digital tax system fit for the 21st century was unveiled by the government last week.
Budget 2020 - Tax Update
We outline the key tax updates from the latest Budget which impact individuals and businesses.
General Election 2019 - Tax Proposals
With voting day fast approaching, we take a look at the key areas of the 3 main parties’ tax proposals.
An Introduction to Tax Efficient Investments
We take a look at some of the main tax efficient investments and investment vehicles in the UK.
Tax Deductions for Working from Home
We take a look at the allowable deductions self-employed individuals and company directors can claim against their profits when they work from home.
Tax Relief on Pension Contributions
Pensions are a potentially very tax efficient form of long-term saving, with contributions attracting up to 60% tax relief in the right circumstances.
Barristers: Sole Trade or Limited Company Pros and Cons
We explore the main pros and cons of setting up a limited company for barristers
Tax Benefits of Donating to Charities
We explore some of the tax benefits associated with giving to charity, for both individuals and for companies.
Cryptocurrency and tax – Where are we now?
Cryptocurrency has been around for a few years now, and has recently made headlines again with Facebook recently announcing Project Libra. We explore the current tax treatment of crypto in the UK.
What expenses are tax deductible as a barrister?
We provide an outline of some of the expenses barristers can deduct from their trading income for tax purposes, some expenses that are specifically not allowable, and also provide some further information.
Mortgage interest restriction (aka section 24) - How to mitigate the tax liability
Are you affected by the restriction on mortgage interest relief (aka section 24) on your rental income? Find out how the restriction works, what effect it has and most importantly what can be done to mitigate its impact on your tax liability.