income-tax

  1. Margarita

    UK structuring of overseas rental property funded from trading company

    Hello, Client has retained profits in a UK trading company and intends to use approximately £250,000 to fund renovation of an overseas residential property that will be let. I am reviewing the UK tax implications only and considering the most appropriate structure, including: Extraction via...
  2. syedsheraz

    Who Pays 40% Tax in the UK? Understanding the Higher Rate Threshold

    I’ve been doing some research into the UK income tax system, and I wanted to clarify who actually falls into the 40% income tax bracket. With so many changes over the past couple of years, it’s easy to get confused about who pays what.
  3. K

    Tax Guidance for an E-commerce Business Run by a Minor

    Hello, I am 14 years old and have recently started a small business selling goods on eBay. Since eBay requires account holders to be 18 or over, the account is registered in my parent’s name and linked to their bank account, with their personal details such as name and National Insurance number...
  4. Making Tax Digital for Income Tax - The way you file your Tax Returns is changing

    Making Tax Digital for Income Tax - The way you file your Tax Returns is changing

    April 2026 will see the UK income tax system revolutionised with the introduction of a new quarterly filing system called Making Tax Digital for Income Tax. Way back in 2015 the idea of quarterly tax returns was discussed on UK business Forums. Some ten years later the idea may actually become...