An investment bond you bought a while ago is about to mature and pay you a large lump sum. Your financial advisor says there will be a significant tax bill to pay on it. What steps can you take to reduce this? For more information, contact us.
The First-tier Tribunal (FTT) recently considered a claim for relief for losses made by a sole trader to reduce the tax payable on income he received from his company. How did the FTT rule and why? For more information, contact us.
Last year an individual’s taxable income fell substantially. Despite this he continued to make gift aid donations. He recently read a newspaper article that said this could trigger a tax bill. Can making charitable payments really result in him owing tax? For more infomration, contact us.