Using dividend waivers as a tax planning tool

Local accountants and tax advisers, Trueman Brown, advise taxpayers how the use of dividend waivers can be used for effective tax planning. If used correctly, dividend waivers can be an effective planning tool, particularly where one shareholder is a higher-rate or...

Mortgage interest and tax relief

Local accountants and tax advisers, Trueman Brown, advise landlords that the way in which tax relief is given for mortgage interest depends on the type of let.. Many landlords purchase their investment properties with the aid of a mortgage. In the current climate of...

Take advantage of the limited window to save SDLT

Local accountants and tax advisers, Trueman Brown, advise higher residential and first-time buyer that SDLT thresholds apply until 31 March 2025 and that there are potential savings of completing a house purchase in this window. In the ill-fated mini Budget, the then...

Reduction in the dividend allowance

Local accountants and tax advisers, Trueman Brown, advise entrepreneurs about the consequences of the reduction in the dividend allowance. ​The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at...

Should I pay Class 2 NIC voluntarily?

Local accountants and tax advisers, Trueman Brown, advise self-employed traders whether they should pay Class 2 National Insurance contributions. Entitlement to the state pension and certain contributory benefits depends on an individual having paid, or been credited...