Beware the Disallowed Interest Trap when Releasing Equity from Your Properties

In order to achieve greater ‘revenue relief,’ many landlords release equity from their properties using the money in whichever way they choose; and provided that the amount borrowed is not

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Tax & NI. Benefit of Being a Limited Company for the Small Business

There are many good reasons for becoming a limited company. The main benefit of limited liability is that debts incurred by a company are the company’s liabilities and not directly those of the shareholders

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Entrepreneurs Relief, Rollover Relief and Gift Relief

Jon Hook talks about some taxing issues… Following a number of enquiries I thought this month I’d dish out some tips on disposals. Entrepreneurs’ relief, for example, reduces the capital gains tax

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How Can I Afford My Own Accountant and Other Questions

Jon Hook answers tax questions How can I afford my own accountant; surely this is a luxury? No, actually. Your accountant should be able to save you generally at least what he/she costs you, so (in

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Historical Trivia – The Windows Tax

Historically, tax has been a dirtier word than you may have thought. We’ve all heard a lot about tax avoidance recently, and there has been a lot of talk of large corporations avoiding paying tax;

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Capital Gains Tax Tip for Antiques Collectors

Don’t PAYE too much: Jon Hook’s tax tips It seemed an obvious choice to try to explain the tax treatment of  private individuals who buy and sell (but do not “deal in” – an important distinction)

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