by Emma Beasley | Jul 26, 2024 | Blog
Disposals to family members – beware of the ‘market value’ rule Capital gains tax is due on the profit when you dispose of an asset that’s increased in value even if that asset is disposed of to a family member. Transfers of assets between spouses and civil...
by Emma Beasley | Jul 26, 2024 | Blog
Would I be most tax-efficient trading as a sole trader or a limited company? There is no straightforward answer to this question. It depends on your circumstances; how much profit are you generating? Do you have any other income? From that information, we can...
by Emma Beasley | Apr 3, 2024 | Blog
The biggest-ever increase to the national minimum wage (NMW) came into effect on 1 April 2024; with age eligibility reduced, those aged 21 and over will benefit. NMW rate per hour £ National Living Wage (age 21 and over) 11.44 18-20 year olds 8.60 16-17 year olds 6.40...
