Many individuals make gifts and there is a common misconception that there will be no tax arising. However, this may not be the case since a gift to another individual is treated...
Distributions made by a company to its shareholders are generally taxed as dividends at the following rates in excess of the £5,000 dividend allowance:
The Apprenticeship Levy (“the Levy”) was introduced with effect from 6 April 2017 and effects employers with an annual wage bill of £3 million or more. The £3m threshold is...
Shareholders of companies that have ceased business can appoint a liquidator to carry out a formal winding up of that business to pay out the accumulated profits that have built...
Automatic Exchange of information (AEOI) agreements have been made between the UK and many other countries. They allow the exchange of information between tax authorities of...