News

Annual Investment Allowance (AIA) decreases from £1M to £200K from January 2022

12 Nov 20

The Government has announced that the current Annual Investment Allowance (AIA) of £1,000,000, which was due to revert down to £200,000 on 1 January 2021, will be extended for a further year to 1 January 2022.

Annual Investment Allowance decrease from January 2021 delayed

5 Nov 20

The Government has announced that the current Annual Investment Allowance (AIA) of £1,000,000, which was due to revert down to £200,000 on 1 January 2021, will be extended for a further year to 1 January 2022.

Know your Inheritance Tax exemptions

3 Nov 20

Lifetime gifts are generally subject to IHT if they exceed the £325,000 nil rate band and do not qualify for either Agricultural Property Relief or Business Property Relief. However, some gifts are automatically exempt from IHT and do not require you to survive seven years for the value of the gift to fall outside your estate.

Do you have development land? Things to consider before selling

3 Nov 20

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

28 Oct 20

What are dividends? How much tax do you pay on them? Dividends are a tax-efficient way of extracting profit from a family business.

How to give tax free gifts to employees

12 Oct 20

Even though the normal office Christmas party might be banned, there are still ways to reward your employees for their hard work through a Benefit in Kind (BiK).