Employers can claim to reduce their employers national insurance liability by the employment allowance per tax year. Many employers qualify although there are some exclusions, we explore this in our latest blog.
Gifts out of Income - Inheritance Tax Planning
Record Keeping for Tax Residence
The UK has a detailed Statutory Residence Test to determine someone’s tax residency position. Under this, detailed and accurate record keeping is essential to work out someone’s residency position. A small error can have significant tax consequences. In this blog, we take a look at the sorts of records that should be kept.
