(01233) 653500 Tips & Advice Tax
Your fortnightly guide to practical tax savings
Tips & Advice Tax is...
A newsletter: available on paper and/or digitally to
- Keep your company’s tax bill down
- Stay up to date with changes to tax law and practice
- Understand the consequences of changes to tax law
- Deal with your advisor on equal terms
- Free up more time to manage your business
A unique concept...
- Easy-to-apply advice and solutions
- Short and simple - in clear language
- 100% safe to use
- Completely independent advice
A unique collaboration between
- Our in-house experts
- A broad network of specialists who are experts in their fields
We've created this newsletter for...
- Company directors/owner managers
- Finance staff
- Tax advisors
- Accountants
Extras with our advice...
Ready-to-use documents, letters, checklists...
- Get the most from our advice in practice
- Customisable to suit your personal circumstances
Calculators
- Quickly calculate the most tax-effective solution
- Compare different options and choose the best one
Examples and source material
- So you can be sure your position is legally secure
Download these extras quickly and easily via the digital version of this newsletter.
Here are some of the topics we cover:
Accounts
- Bad debts
- Basis period
- Case law
- Cash basis
- Checking
- Errors
- Fees
- Final accounts for business
- FRS
- Generally accepted accounting practice
- Investigation
- Miscellaneous
- Post cessation receipts
- Stock
- Writing off
Anti-avoidance
- Accelerated payment notice (APN)
- anti-avoidance rules
- Company wind-up
- Disguised remuneration
- Notifiable avoidance schemes
- Partnerships
Bank accounts
- Funding
- Interest
- Investigations
- Joint accounts
- Offshore
- Personal
- Returns
Benefits
- Assets
- Benefits-in-kind
- Cars
- Company-owned
- Cycle-to-work
- Earnings limit
- Exempt benefits
- Exempt benefits in kind
- For shareholders
- Making good
- Miscellaneous
- Mobile phones
- NI contributions
- P11d notices
- Payrolling benefits
- Personal
- Reclaiming VAT
- Records
- Relocation costs
- Remuneration package
- Staff discounts
- Travel
- Trivial
- Vans
Brexit
- Brexit
Business status
- Incorporation
- Trading or investment business
Capital allowances
- Abortive expenditure
- Annual Investment Allowance
- Business property relief
- Business purchase
- Cars
- Construction
- Employees and directors
- Enhanced capital allowances
- Environmentally beneficial
- First year
- Fixtures and fittings
- Industrial buildings allowance
- Intangible asset
- Integral features
- Miscellaneous
- Plant and Equipment
- Structures and buildings allowance
- Writing down
- Year-end planning
Capital gains tax
- Allowances
- Annual exemption
- Antiques
- Business asset disposal relief
- Business property
- Case law
- Community infrastructure levy
- Deductible expenses
- Divorce/separation
- Domestic property
- Dwellings
- Earn-outs
- Enterprise investment scheme
- Entrepreneurs' Relief
- Exemption
- Gifts
- Goodwill
- Holdover
- Home as office
- Husband/wife
- Indexation Allowance
- Investors' relief
- Joint ownership
- Losses
- Market value
- Miscellaneous
- Negligible value
- Offshore funds
- Part disposals
- Private residence relief
- Reporting to HMRC
- Roll-over relief
- Shares
- Social investment tax relief
- Taper relief
- Tax bands
- Tax breaks
- Unascertainable proceeds
- Valuation
- Wine
- Year-end planning
Cars
- Advisory fuel rates
- Allowances
- Authorised Mileage Rate
- Benefits-in-kind
- Capital allowances
- Car fuel benefit
- CO2 emissions
- Electric cars
- Family members
- Leasing
- Loans
- Miscellaneous
- Pool cars
- Private use
- Scale charge
- Simplified expenses
- Vans
- VAT
Children
- Bank accounts
- Child benefit
- Childcare vouchers
- Company car
- Education funding
- Gift
- High income child benefit
- Inheritance tax
- Investments
- Personal allowance
- Tax credit
- Tax free childcare
- Tax planning
- Trusts
CIS
- CIS deductions
- CIS returns
- Subcontractor
- VAT
Civil partner
- Divorce
Companies
- Associated
- Close
- Companies House
- Corporation tax
- Demergers
- Dividends
- Foreign
- Incorporation
- Loans
- Miscellaneous
- Moving profits
- Offshore
- Purchasing
- Reorganisation of share capital
- Selling a company
- Substantial shareholding exemption
- Winding up
Contractors
- CIS scheme
- IR35
Coronavirus
- Government support payments
- News
Corporation tax
- Accounting period
- Allowances
- Annual return
- Associated companies
- Deductions
- Disincorporation
- Employer pension contributions
- Gifts
- Goodwill
- Joint companies
- Loan relationship
- Loans to directors/shareholders
- Losses
- Miscellaneous
- Offshore
- Payment bands
- R&D relief
- Relief
- Sponsorship
- Tax bands
- Transfer pricing
- Year-end planning
Dividends
- Distribution
- Husband and wife
- Illegal dividends
- Interim or final
- Maximum
- Miscellaneous
- Non-corporate
- Timing
- Vouchers
- Waivers
- Year-end planning
Domicile
- Non dom
EIS, VCT, SEIS and SITR
- Knowledge intensive companies
- Shares qualifying period
Employees
- Allowances
- Benefits
- Capital allowances
- Casual
- Children
- Compensation payments
- Contractors
- Customer tips
- Damages and compensation
- Directors
- Disabled
- Dividends
- Employing family members
- Employment status
- Expenses
- Foreign
- Freelancers
- Gifts to
- Home working
- Income tax
- Loans to
- Maternity leave
- Minimum wage rates
- Miscellaneous
- National Insurance
- Non-executive directors
- P11D
- P35
- Parental leave
- PAYE
- Payment in lieu of notice
- Records
- Redundancy
- Self-employed
- Share schemes
- Statutory maternity pay
- Statutory sick pay
- Tax codes
- Temps
- Termination
- Training
- Training costs
Enquiries/investigations
- Accelerated payment notice (APN)
- Assessments
- Bank account enquiries
- Closing an enquiry
- Discovery
- Fishing letters
- HMRC information powers
- Inspectors' visits
- Interest
- Investigations
- Miscellaneous
- Penalties
- Taxman's rights
- Time limits
- Tribunals
Entertainment
- Allowances
- Business
- Case law
- Employees
- Expenses
- Miscellaneous
- Tax-free limits
- Third party
- VAT
Environmental taxes
- Landfill tax
- Plastic packaging tax
Expenses
- Allowances
- Annual returns
- Bad debt relief
- Benefits-in-kind
- Case law
- Dispensations
- Home as office
- Medical
- Miscellaneous
- Payment
- Pre-trading
- Records
- Reimbursed to employee
- Repairs/renewals
- Simplified motor expenses
- Subscriptions
- Subsistence
- Training costs
- Travel
- VAT
- Wholly and exclusively incurred
Finance
- Cryptoassets
- Currency transactions
- Debt factoring
- Raising finance
Gifts
- Business gifts
- Capital gains tax
- Charitable
- Children
- Employee
- Gift aid scheme
- Gifts between spouses
- Inheritance tax
- Miscellaneous
HMRC
- Administration
- Alternative dispute resolution
- Announcements
- Appeals against
- Budget
- Clearances
- Complaints procedure
- Dealing with generally
- Digital documents
- Digital tax services
- Enforcement
- Errors
- Forms
- Guidance
- Interest rates
- Internal review
- Making tax digital
- Miscellaneous
- Payments
- Procedure
- Repayments
- Scam communications
- Self-assessment
- Tax conditionality and licencing
Husband and wife companies
- Dividends
- Divorce
- Income shifting
- Income splitting
- Inheritance tax
- Interest split
- Joint property
- Miscellaneous
Income tax
- Allowances
- Assessments
- Capital gains tax
- Cars/fuel
- Case law
- Children
- Codes
- Deadlines
- Dividend timing
- Gift aid
- Gifts
- Loans
- Losses
- Miscellaneous
- Miscellaneous income
- Overpayment
- Payment methods
- Payments on account
- Penalties
- Personal allowance
- Rates
- Relief
- Repayments
- Returns
- Scottish rate of income tax
- Tax avoidance schemes
- Tax credits
- Underpayment
- Welsh tax rates
Incorporation
- Tax implications
Inheritance tax
- Annual exemption
- Business property relief
- Case law
- Deeds of variation
- Enduring power of attorney
- Exemption
- Gifts
- Insurance
- Joint accounts
- Marriage
- Miscellaneous
- Nil-rate band
- Offshore
- Pensions
- Potentially exempt transfers
- Pre-owned assets
- Probate
- Property transfers
- Quick succession relief
- Returns
- Trusts
- Using a will
- Valuation
Insurance
- Bond
- Claim
- Fee protection
- Life
- Permanent health
- Recovery
Investments and savings
- AIM stocks
- Allowances
- Bonds
- Capital gains tax
- Enterprise investment scheme
- Exemptions
- Help-to-Save
- Interest
- ISAs
- Offshore
- Scams
- Seed enterprise investment scheme
- Tax free childcare
- Tax incentives
- Top slicing relief
- Trust funds
- Unit trusts
- Venture capital trusts
- Woodlands
- Year-end planning
IR35
- Definition of
- Factors indicative of
- Off-payroll rules
- Payment of tax
- Whose responsibility
Land and Buildings Transaction Tax
- Leases
- Rates
Landfill Tax
- Landfill tax rates
Loans
- Bank
- Benefit-in-kind
- Directors
- Employees
- Family
- Interest
- Interest qualifying for relief
- Loan accounts
- Loan charge
- Loans written off
- Miscellaneous
- Mortgages
- Student loan repayments
Married couples and civil partners
- Form 17
- Income splitting
- Marriage allowance
National Insurance
- Age exemption
- Bands
- Benefits
- Class 1
- Class 1A
- Class 2
- Class 3
- Class 4
- Directors
- Earnings periods
- Earnings threshold
- Employee status
- Employment allowance
- Enforcement
- Errors
- Late payment
- Miscellaneous
- Overpayments
- Rates
- Rebate
- Rental income
- Self-employment
- Six-year rule
- Trading losses
- Voluntary payments
- Working abroad
News
- Benefits
- Brexit
- Capital allowances
- Capital gains tax
- Cars, vans and fuel
- Companies
- Construction industry
- Coronavirus
- Corporation tax
- Expenses
- HMRC
- Income tax
- Inheritance tax
- IR35
- National Insurance
- News
- Offshore
- Partnerships
- Payroll
- Pensions
- Property
- Returns
- Sole traders
- Stamp taxes
- Status
- VAT
Offshore
- Amnesties
- Capital gains tax
- Companies
- Homes abroad
- Income tax
- Investments
Partnerships
- Change in partnership shares
- Limited liability
- Mixed partnerships
- Tax returns
- VAT
- Whether partnership exists
PAYE
- Construction industry scheme
- Employees' obligations to pay
- End-of-year procedure
- New employee procedure
- Overpayments
- P11Dd
- Payment in lieu of notice
- Payment of via deductions
- Payroll software
- Payslips
- PSA
- Repayments
- RTI
- Student loans
- Taxable earnings
- Tax codes
- Underpayment of tax
Payments
- Capital gains tax
- CIS scheme
- Direct deductions
- Income tax
- Interest
- Payment options
- RTI
- Self employed
- Tax summaries
- Time to pay agreements
Penalties
- Appealing against
- Careless or deliberate
- CIS scheme
- Failure to notify tax liability
- Interest
- RTI
- Self employed
- Tax deductible
- VAT
Pensions
- A-day
- Allowances
- Annual allowance charge
- Annuity
- Auto enrolment
- Contribution limits
- Employer-paid-for advice
- In specie contributions
- Penalties
- Pension input periods
- Pension sharing
- Personal
- Recycling
- Relief
- Schemes
- SIPPs
- SSAS
- State pension
- Taking benefits
- Tax-free lump sum
- Tax rebate
Practice admin
- Agent authorisation
- Client contact
Profit extraction
- Benefits-in-kind
- Bonuses
- Dividends
- During wind-up
- Interest
- Miscellaneous
- Pension contributions
- Remuneration package
- Rent
- Salary
- Shares
- Transfer of assets to or from company
Property
- Annual tax on enveloped dwellings
- Business asset taper relief
- Buy-to-let
- Capital allowances
- Capital gains tax
- Cash basis accounts
- Community infrastructure levy
- Damage, loss or destruction of assets
- Disadvantaged areas
- Funding
- Holiday lets
- Home as office
- Inheritance tax
- Joint ownership
- LBTT
- Lease
- Letting expenses
- Loss relief
- Main residence
- Miscellaneous
- Mixed-use
- Option to tax
- Overseas
- Rental income
- Rent-a-room relief
- Repairs/renewals
- Residency
- Self-build
- Stamp duty
- Transfer
- VAT
- Welsh land transaction tax
Returns
- CIS returns
- Company
- Corporation Tax
- Correction and amendment
- Deadlines
- Employee benefits and expenses
- Enforcement
- Entries
- Errors
- For administration of estate
- Incentives
- Late submission
- Miscellaneous
- Online
- Paper
- PAYE
- Penalties
- Personal
- Posting
- Quality standard
- VAT
Self assessment
- Payments
- Penalties
- Procedure
Shares
- Buy-backs
- Capital gains tax
- EMI scheme
- Employer share schemes
- Gifting
- Husband/wife
- Inheritance tax
- Loss relief
- Miscellaneous
- Negligible value
- Valuations
- year-end planning
Stamp Duty
- Land and buildings transfer tax
- Land transaction tax
- Miscellaneous
- Penalties
- Rate
- Reliefs and exemptions
- Stamp duty land tax
Succession planning
- Family
- Income tax
- Incorporation
- MBO
Tax credits
- Tax credits
- Working tax credits
Tax liability
- Determination
- Special relief
Trade
- Cessation of trade
- Whether trading or not
Trusts and estates
- Beneficial ownership
- Planning
- Registration
Vans
- Benefit in kind
- VAT
VAT
- Agent or principal supplier
- Aggregation of businesses
- Allowances
- Annual accounting scheme
- Appeal
- Assessments
- Bad debt
- Barter trade
- Benefits-in-kind
- Brexit
- Business gifts
- Capital goods scheme
- Case law
- Charities
- Compensation
- Construction
- Debt factoring
- Delivery charges
- Deposits
- Deregistration
- Disbursements
- Discount and promotion schemes
- E-commerce
- Education
- Educational supplies
- Entertainment
- Errors
- EU sales and purchases
- Exempt supplies
- Exports
- Flat rate
- Food & drink
- Gifts
- Global accounting scheme
- Groups
- Holding companies
- Imports
- Input tax
- Invoices
- Late returns
- Making tax digital
- Margin scheme
- Membership fees
- Miscellaneous
- Mixed or composite supplies
- MOSS
- Online trading
- Option to tax
- Output tax
- Partial exemption
- Payment
- Periods
- Private use of assets
- Prompt payment discount
- Property
- Purchases for private use
- Rates
- Reclaiming
- Records
- Reduced rate supplies
- Registration
- Returned goods
- Returns
- Reverse charge
- Reverse charge construction industry
- Sponsorship
- Staff clothes/equipment
- Standard rate
- Stock value
- Supply of staff
- Surcharge
- Tax points
- TOGC
- Tribunal
- Voluntary disclosures
- Vouchers
- Zero-rated
Wages/salaries
- Benefits
- Bonuses
- Directors
- National Insurance
- National minimum wage
- PAYE
- Pay in lieu of notice
- Payroll
- Remuneration packages
- Sacrifice schemes
- Sick pay
- Spouses
- Tax codes
You can choose from the following subscription options...
Paper + digital
- Direct to your home or business address by post, every fortnight
- Direct to your inbox by email, every fortnight
- 24/7 online access to the digital version (website + app)
- All previously published articles readily available in our online database
Digital only
- Direct to your inbox by email, every fortnight
- 24/7 online access to the digital version (website + app)
- All previously published articles readily available in our online database
Take a look at our subscription offers below.
In the most recent issue you'll find advice on...
Year 22 - issue 7 - 13.01.2022
MAKING TAX DIGITALNew condition for joining MTD pilotHMRC has changed the way businesses can sign up for the Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) pilot. Who can join and what steps are required? |
CAPITAL GAINSNew CGT deadline for separating couplesThe government is to change the law to correct one of the great tax injustices. The overdue reform will reduce the pressure on separating couples to settle ownership of their asset quickly or face a capital gains tax (CGT) bill. What’s the full story? |
PROFIT EXTRACTIONAccumulate your profits or pay them into a pensionYou’re leaving profits in your company to accumulate with a view to eventually winding the business up and taking the profits as a capital amount. But might you save tax by extracting them as pension contributions? |
PAYROLLWhich formula for termination pay is the right one?If an employee leaves and they are paid off rather than working their notice, there’s a special formula for working out how much of the termination payment is taxable. In fact, there are two slightly different formulas. Which one should you use? |
EXPENSESMembership costs for business clubsYou’ve joined a business association to promote trade in the local area. Typically, meetings take place over a meal and have a social aspect as well as a business one. Does this affect the tax deductibility of the membership fees? |
CAPITAL GAINS TAXSelling shares back to the issuing companyThe executors of a shareholder’s estate are required to sell their shares to the company’s other shareholders. The trouble is they can’t afford to. The company can buy them instead but this increases the tax cost. Is there a way around this? |
VATTransforming commercial property to residential useYou have planning permission to convert an empty commercial property into flats. You haven’t decided whether to let or sell the property when they are completed. Are there any VAT pros or cons that might affect your decision? |
TAX PAYMENTSDIY tax deferral |
NATIONAL INSURANCEWarning for employers about incorrect NI codes |
Click on the image and browse through a sample issue of the printed newsletter...
- Year 22
- Fortnightly
- 22 issues a year
- 8 pages crammed with reliable advice and ready-to-use solutions
Offer
Duration
Frequency
Printed version
E-mail version
Ring-binder
Book
Website
App
Website
App
PAPER + DIGITAL
Standard offer
£215.00
1 year
Fortnightly
DIGITAL
Free trial offer
FREE
One-time offer
3 months
Fortnightly
Standard offer
£215.00
1 year
Fortnightly
PACKAGE DEAL
Standard offer
£262.00
Tax-saving package: Tips & Advice Tax + Tax Memo (worth £403)
1 year
Fortnightly
- Calgarth House
- 39-41 Bank Street
- Ashford, Kent TN23 1DQ
- Tel: (01233) 653500
- Fax: (01233) 647100
- customer.services@indicator-flm.co.uk
-
Registered in England
Company Registration No. 3599719
VAT GB 726 598 394
Follow us
