Local accountants and tax advisers, Trueman Brown, warn taxpayers donating to charities, using Gift Aid, of the tax implications of their income below their personal allowance. Where a Gift Aid declaration is made, the recipient charity or community amateur sports...
Local accountants and tax advisers, Trueman Brown, look at the tax implication of buying a property jointly as either Joint tenants or tenants in common. Under English law, there are two ways in which property can be owned jointly – as tenants in common or as joint...
Local accountants and tax advisers, Trueman Brown, are advising local businesses to look at Family Investment Companies which may offer a tax efficient way to retain control over assets and pass them on to the next generation. Family Investment Companies (FIC) offer a...
Local accountants and tax advisers, Trueman Brown, warn employers of the changes made to National Insurance for 2020/21. The 2020/21 tax year starts on 6 April 2021. From that date, new thresholds apply for National Insurance purposes Employees and Employers Employees...
Understanding Property Rental Allowable Expenses for 2025/26 When managing a rental property, understanding property rental allowable expenses can make a significant difference in your taxable income. Knowing what you can claim ensures you stay compliant with HMRC...
Recent Comments