News,May 2018

what is the 45p tax

What is the 45P Tax?

07/12/2023tax , Tax Issues , Tax Saving Tips , Taxation

If you are wondering about what is the 45p tax, we have got you covered with the basics in this guide. Tax rates play a significant role in a country’s economy and the overall financial landscape. In the UK, the 45p tax rate applies to individuals earning above a certain income threshold. This higher tax …

Read more
Community Investment Tax Relief

What is Community Investment Tax Relief (CITR)?

22/11/2023Accounting , tax , Taxation

Community Investment Tax Relief is a fantastic initiative that allows individuals and companies to invest in eligible community organisations and receive tax relief in return. It’s all about supporting community development while enjoying some benefits along the way. Whether you’re an individual looking to make a positive impact or a company interested in supporting social …

Read more
pension annual allowance

Annual Pension Allowance: How It Works?

23/10/2023tax , Tax Issues , Taxation

The Annual Pension Allowance is one of the most confusing terms. People are generally not sure what it means, let alone its implications. But don’t worry, this blog will make everything crystal clear. In this blog, we will provide our readers with a clear definition of the Annual Pension Allowance. In addition, we will provide …

Read more
tax-advantaged share schemes

What are Tax-Advantaged Share Schemes in the UK?

20/10/2023tax , Tax Saving Tips , Taxation

Tax-advantaged share schemes have become popular for businesses in the UK. These schemes incentivize employees with tax benefits to purchase shares in the company. But there are multiple schemes, and if you want to implement one, read till the end. This blog will provide our readers with essential information on all tax-advantaged share schemes. We …

Read more