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If you hold assets in your own name, these assets may be subject to Inheritance Tax (IHT) on death as well as profits earned during your lifetime being charged to income tax at rates of up to 45% if you are an additional rate tax payer. A family investment company (FIC) could be used for tax efficient investment purposes.

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There is a wealth of opportunities for businesses that have plans to expand abroad. Many countries encourage inward investment and the UK Government invest significant resource and effort into helping UK companies to export and trade across international markets.

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If you are self-employed, the new tax year may be longer than you think.

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Sustainability and their environmental impact are moving higher up the business agenda. Building a green solutions agenda into your business model and plans can not only help the environment but may lead to a more profitable business.

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With basis period reform now underway, HMRC is looking at further tax simplification for sole traders and partnerships by increasing the cash basis turnover threshold.

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Charles has taken over the family business and is now at the helm of a huge operation. Lets look at some of the areas you should consider around succession planning and what we can all learn from the Royal family.

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The government is extending the provision of 30 hours of free childcare for 38 weeks to now include all pre-school children over the age of nine months.

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More than 12 million taxpayers file self-assessment tax returns, but less than 3% do so using a paper return.

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The energy support guarantee of £2,500 was extended in the March Budget for a further three months, welcome news for employees and small business owners.

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Reviewing your business structure and understanding why companies reorganise is important. Undertaking a business reorganisation can be used to split off parts of your business and can help to minimise risk, prepare for sale and create tax saving opportunities.

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Changes to the pension tax allowances announced in the March Budget could mean your retirement planning strategy needs to be reviewed.

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The main rate of corporation tax rate increased from 19% to 25% from 1 April 2023.