Indicator- FL Memo online
Our products

Received a special offer?

Where do I find this code?

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
  • Full-refund guarantee

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.

The following topics are covered on a regular basis...


Accounts

  • Bad debts
  • Basis period
  • Case law
  • Cash basis
  • Checking
  • Errors
  • Fees
  • FRS
  • Generally accepted accounting practice
  • Investigation
  • Miscellaneous
  • Stock
  • Writing off

Anti-avoidance

  • Accelerated payment notice (APN)
  • anti-avoidance rules
  • Disguised remuneration
  • Partnerships

Bank accounts

  • Funding
  • Interest
  • Investigations
  • Joint accounts
  • Offshore
  • Personal
  • Returns

Benefits

  • Assets
  • Benefits-in-kind
  • Cars
  • Company-owned
  • Cycle-to-work
  • Earnings limit
  • Miscellaneous
  • P11d notices
  • Personal
  • Reclaiming VAT
  • Records
  • Remuneration package
  • Travel
  • Trivial
  • Vans

Business status

  • Incorporation

Capital allowances

  • Annual Investment Allowance
  • Business property relief
  • Business purchase
  • Cars
  • Construction
  • Enhanced capital allowances
  • Environmentally beneficial
  • First year
  • Fixtures and fittings
  • Industrial buildings allowance
  • Intangible asset
  • Miscellaneous
  • Plant and Equipment
  • Writing down
  • Year-end planning

Capital gains tax

  • Allowances
  • Annual exemption
  • Antiques
  • Business property
  • Case law
  • Divorce/separation
  • Domestic property
  • Enterprise investment scheme
  • Entrepreneurs' Relief
  • Exemption
  • Gifts
  • Goodwill
  • Holdover
  • Home as office
  • Husband/wife
  • Indexation Allowance
  • 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
  • Valuation
  • Wine
  • Year-end planning

Cars

  • Advisory fuel rates
  • Allowances
  • Authorised Mileage Rate
  • Benefits-in-kind
  • Capital allowances
  • CO2 emissions
  • Family members
  • Leasing
  • Loans
  • Miscellaneous
  • 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 planning
  • Trusts

CIS

  • CIS returns
  • Subcontractor

Civil partner

  • Divorce

Companies

  • Associated
  • Close
  • Companies House
  • Corporation tax
  • Dividends
  • Foreign
  • Incorporation
  • Loans
  • Miscellaneous
  • Moving profits
  • Offshore
  • Purchasing
  • Selling a company
  • Substantial shareholding exemption

Contractors

  • CIS scheme
  • IR35

Corporation tax

  • Accounting period
  • Allowances
  • Annual return
  • Associated companies
  • Deductions
  • Disincorporation
  • 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
  • Maximum
  • Miscellaneous
  • Non-corporate
  • Timing
  • Vouchers
  • Waivers
  • Year-end planning

Domicile

  • Non dom

Employees

  • Allowances
  • Benefits
  • Capital allowances
  • Casual
  • Children
  • Contractors
  • Directors
  • Disabled
  • Dividends
  • Employment status
  • Expenses
  • Foreign
  • Freelancers
  • Gifts to
  • Income tax
  • Loans to
  • Maternity leave
  • Miscellaneous
  • National Insurance
  • P11D
  • P35
  • Parental leave
  • PAYE
  • Records
  • Self-employed
  • Share schemes
  • Statutory maternity pay
  • Statutory sick pay
  • Tax codes
  • Temps
  • Termination
  • Training

Enquiries/investigations

  • Accelerated payment notice (APN)
  • Assessments
  • Bank account enquiries
  • Discovery
  • Fishing letters
  • Inspectors' visits
  • Interest
  • Investigations
  • Miscellaneous
  • Penalties
  • Taxman's rights
  • Tribunals

Entertainment

  • Allowances
  • Business
  • Case law
  • Employees
  • Expenses
  • Miscellaneous
  • Tax-free limits
  • Third party
  • VAT

Expenses

  • Allowances
  • Annual returns
  • Benefits-in-kind
  • Case law
  • Dispensations
  • Home as office
  • Medical
  • Miscellaneous
  • Payment
  • Pre-trading
  • Records
  • Repairs/renewals
  • Simplified motor expenses
  • Travel
  • VAT

Finance

  • Currency transactions
  • Raising finance

Gifts

  • Capital gains tax
  • Charitable
  • Children
  • Employee
  • Gift aid scheme
  • Inheritance tax
  • Miscellaneous

HMRC

  • Administration
  • Announcements
  • Appeals against
  • Budget
  • Clearances
  • Dealing with generally
  • Digital tax services
  • Enforcement
  • Errors
  • Forms
  • Guidance
  • Interest rates
  • Internal review
  • Making tax digital
  • Miscellaneous
  • Payments
  • Procedure
  • Repayments
  • Scam communications
  • Self-assessment

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
  • Overpayment
  • Payment methods
  • Payments on account
  • Penalties
  • Personal allowance
  • Rates
  • Relief
  • Repayments
  • Returns
  • Scottish rate of income tax
  • Tax avoidance schemes
  • Tax credits
  • Underpayment

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
  • Property transfers
  • 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
  • Trust funds
  • Unit trusts
  • Venture capital trusts
  • Year-end planning

IR35

  • Definition of
  • Factors indicative of
  • Payment of tax

Land and Buildings Transaction Tax

  • Leases
  • Rates

Loans

  • Bank
  • Benefit-in-kind
  • Directors
  • Employees
  • Family
  • Interest
  • Loan accounts
  • Miscellaneous
  • Mortgages

Married couples and civil partners

  • Form 17
  • Income splitting

National Insurance

  • Age exemption
  • Bands
  • Benefits
  • Class 1A
  • Class 2
  • Class 3
  • Earnings periods
  • Earnings threshold
  • Employee status
  • Employment allowance
  • Enforcement
  • Errors
  • Late payment
  • Miscellaneous
  • Overpayments
  • Rates
  • Rebate
  • Rental income
  • Self-employment
  • Six-year rule
  • Voluntary payments

News

  • News

Offshore

  • Amnesties
  • Capital gains tax
  • Companies
  • Homes abroad
  • Income tax
  • Investments

Partnerships

  • Limited liability
  • Mixed partnerships
  • Tax returns

PAYE

  • Construction industry scheme
  • Employees' obligations to pay
  • Overpayments
  • P11Dd
  • Payment of via deductions
  • Payroll software
  • 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

Penalties

  • Appealing against
  • Careless or deliberate
  • CIS scheme
  • Interest
  • RTI
  • Self employed

Pensions

  • A-day
  • Allowances
  • Annuity
  • Auto enrolment
  • Contribution limits
  • Pension input periods
  • Personal
  • Relief
  • Schemes
  • SIPPs
  • SSAS
  • Tax-free lump sum
  • Tax rebate

Practice admin

  • Agent authorisation
  • Client contact

Profit extraction

  • Benefits-in-kind
  • Bonuses
  • Dividends
  • Miscellaneous
  • Remuneration package
  • 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
  • Disadvantaged areas
  • Funding
  • Holiday lets
  • Home as office
  • Inheritance tax
  • Joint ownership
  • LBTT
  • Lease
  • Letting expenses
  • 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
  • Enforcement
  • Entries
  • Errors
  • Incentives
  • Late submission
  • Miscellaneous
  • Online
  • Paper
  • PAYE
  • Penalties
  • Personal
  • Posting
  • Quality standard
  • VAT

Self assessment

  • 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

  • Miscellaneous
  • Penalties
  • Rate

Succession planning

  • Family
  • Income tax
  • MBO

Tax credits

  • Tax credits
  • Working tax credits

Tax liability

  • Determination
  • Special relief

Trusts

  • Registration

Vans

  • VAT

VAT

  • Allowances
  • Annual accounting scheme
  • Appeal
  • Assessments
  • Bad debt
  • Barter trade
  • Benefits-in-kind
  • Capital goods scheme
  • Case law
  • Charities
  • Construction
  • Deposits
  • Deregistration
  • Disbursements
  • Discount and promotion schemes
  • E-commerce
  • Education
  • Entertainment
  • Errors
  • EU sales
  • Exempt supplies
  • Flat rate
  • Global accounting scheme
  • Groups
  • Holding companies
  • Input tax
  • Late returns
  • Making tax digital
  • Margin scheme
  • Membership fees
  • Miscellaneous
  • MOSS
  • Online trading
  • Option to tax
  • Output tax
  • Partial exemption
  • Payment
  • Periods
  • Prompt payment discount
  • Property
  • Rates
  • Reclaiming
  • Records
  • Registration
  • Returned goods
  • Returns
  • Reverse charge
  • Staff clothes/equipment
  • Standard rate
  • Stock value
  • Surcharge
  • Tax points
  • TOGC
  • Tribunal
  • Voluntary disclosures
  • 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 e-mail, 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 e-mail, 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 18 - issue 20 - 12.07.2018

LAND AND BUILDINGS TRANSACTION TAX

LBTT - retroactive refunds

A new law gives some couples the right to a refund if they purchased a home in Scotland and paid the additional land and buildings transaction tax (LBTT). What’s the full story?

CAPITAL GAINS TAX

HMRC’s real-time CGT service - how does it work?

HMRC is promoting its online system for reporting capital gains and losses. It looks straightforward enough, but some tax advisors are saying that it’s not such a good idea to use it. Who should you believe, HMRC or the advisors?

PROPERTY - LOSSES

Rental business losses - the overlooked relief

Your company rents its business premises from you. Last year you spent so much on replacement fittings in the building that the expenses outweighed the rent you received. What’s the most tax-efficient way to deal with this loss?

CARS

The tax cost of higher mileage allowances

A few of your employees are complaining that the amount you pay for business journeys made in their personally owned cars hasn’t increased for a long time. If you pay them more than HMRC’s approved rates, what’s the tax and NI position?

RETURNS

The latest on the “requirement to correct” rules

The deadline for the new requirement to correct (RTC) rule is 30 September 2018, with very tough penalties if you don’t comply. RTC applies to “offshore matters”. What does this mean and should you be concerned?

VAT

VAT and rewards for loyal customers

To drum up more business you want to create a points based loyalty scheme for your customers. You’ve decided on the terms and conditions for the scheme but the VAT consequences worry you. How should you tackle them?

PROFIT EXTRACTION

Realising tax-free cash from your assets

You need a little extra cash. You could take it from your company which has a healthy bank balance, but this usually means more tax and possibly NI. Is there a way to get cash from your company and avoid tax and NI altogether?

PAYE

Employers - student loan changes ahead

CORPORATION TAX

No more refund cheques or tax references

Click on the image and browse through a sample issue of the printed newsletter...

Offer
Duration
Frequency
Printed version
E-mail version
Ring-binder
Website
App

 

 

Offer
Frequency
Printed version
E-mail version
Ring-binder
Website
App

 

 

PAPER + DIGITAL

Trial offer

£91

£29.00

*conditions apply
6 months
Fortnightly

Subscribers' offer

£182

£162.00

If you have multiple annual subscriptions
per year
Fortnightly

Standard offer

£182.00

per year
Fortnightly

DIGITAL

Free trial offer

FREE

One-time offer
3 months
Fortnightly

 

 

Prices exclude VAT

Standard offer

£164.00

per year
Fortnightly

 

 

Prices exclude VAT

Received a special offer?


Got a question?
Call Customer Services

(01233) 653500