Regular readers will know that the combination of a low salary and dividends is usually the most tax efficient way for a Director/shareholder to be paid by their company.

In this month’s Tax Tip we explore whether a higher salary could be better where a Director is over the state retirement age, and the employment allowance is available.

Those employing the services of a nanny to look after their children will usually fund the nanny’s salary out of their net of tax income.

In this month’s Tax Tip we look at the tax implications of instead employing your nanny through your company, which might also offer other cost savings too.

Rental property owners that live in the property for a period of time may be able to mitigate their potential Capital Gains Tax liabilities on an eventual sale through careful planning.

In this month’s Tax Tip we explore a little known quirk of the principal private residence rules for transfers between spouses which can provide a significant tax saving opportunity.

 

The additional 3% surcharge rate of stamp duty land tax that applies on the purchase of a second property is notoriously hard to avoid.

In this month’s Tax Tip we look at how purchasing a buy to let property via a Trust can be effective in avoiding the 3% stamp duty surcharge in certain circumstances.

The transferrable marriage allowance arrived in 2015 but was widely considered to be a bit of a damp squib as very few couples could claim it and a separate claim needed to be made.

In this month’s Tax Tip we look at who can use this relief, and consider recent changes to how it operates in practice.