Could you claim an Inheritance Tax refund?
If you inherited a property that you then sold for less than the property was valued upon death, you could get a refund for the difference of the Inheritance Tax.
Smooth out your tax payments
With a dreary 2020 harvest behind us, it is time to look forward to a more hopeful 2021. Although the 2020 harvest was generally a disappointment, some growers find themselves with a larger than expected tax bill in January, linked to a more fruitful 2019 harvest....Do you have development land? Things to consider before selling
If you are one of the lucky landowners, with either residential or commercial development possibilities, then you may be looking to sell. Although this can be a good idea, it’s important to be cautious. The number of farmers and landowners being approached by...Everything you need to know about paying tax on dividends
What are dividends? How much tax do you pay on them? Dividends are a tax-efficient way of extracting profit from a family business.
Tax relief on professional fees and subscriptions
Did you know that you are allowed to claim tax relief on your annual professional fees or subscriptions to some HMRC approved professional organisations? The costs are tax-deductible generally where you must have a membership to do your job or it is helpful for your...Tax relief when you donate to a charity using Gift Aid
If you are a higher rate tax payer you should Gift Aid any donations you make to charity. You will be providing an additional benefit to the charity and you will also be able to claim tax relief on the payment
