Marriage Allowance- Do you need any other reason to tie the knot?

Marriage Allowance- Do you need any other reason to tie the knot?

For a whole variety of reasons these days many couples choose to co-habit, rather than marry. There are advantages to this set up, not only avoiding the cost of an expensive wedding. However, it appears the view of the government is that couples should be encouraged...
Split year treatment and the statutory residence test

Split year treatment and the statutory residence test

Introduction The general premise when the Statutory Residence Test was first introduced on 6th April 2013, was that you are either considered as UK tax resident or not resident for UK taxation. Your residence position needs to be looked at closely in a UK tax year,...
Split year treatment and the statutory residence test

Gift aid- Unexpected tax liability

Gift aid has always been a way for individuals to make donations to the charity of their choice and for the charity to benefit where gift aid has been claimed. Following the changes to the taxation of dividend and interest income which were introduced with effect from...
Update: Advantages of using Personal Investment Companies

Update: Advantages of using Personal Investment Companies

Update: Advantages of using Personal Investment Companies A little while ago, I wrote about the advantages of using Personal Investment Companies and I am pleased to say that this has generated a lot of interest.  I believe that one of the main reasons is due to the...
Update: Advantages of using Personal Investment Companies

When is it best to use Personal Investment Companies?

When is it best to use Personal Investment Companies? I think there are a number of reasons why using a personal investment company makes sense. A personal investment company (PIC) is a private limited company which is used as a long term investment vehicle.   There...