The main aim of the new EU directive remains the curbing of tax evasion and avoidance through capturing aggressive tax planning schemes. Photo: Yannick Morelli/Shutterstock.com The Cooperation with Other Jurisdictions on Tax Matters (Amendment) Regulations 2019 were recently amended in order to transpose a Council Directive on the mandatory automatic exchange of information in taxation …
Tory activists are in uproar this morning over varying reports of tax raising measures Boris Johnson and Sajid Javid are considering for next month’s Budget. Plans currently being mooted include cuts to pension tax relief and the introduction of a recuring property tax that could replace stamp duty. Critics have been quick to say that …
Why the government is planning a tax raising Budget Read More »
As our cover story explains, very few people will find it beneficial to move to the new tax regime. These would be taxpayers who don’t claim too many deductions and tax-exemptions or are looking for ease of compliance by avoiding the drudgery of tax planning. If you are among them, keep in mind that foregoing …
Opting for new income tax regime? Don’t stop investing in these financial products Read More »
So it’s February and chances are you’ve just paid your personal tax bill. Having already paid your corporation tax. As a small company director, it’s always useful to look at your combined tax bill (both personal and company) to ensure you’re not robbing Peter to pay Paul. So we asked Jonathan Amponsah of The Tax …
Small Company Directors – 9 Timeless Ways to Cut Your Tax Bills Read More »
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