We are scared of things that go bump in the night and the monster that may or may not be lurking beneath our beds as youngsters, which is referred to as primal fear of the unknown. As an adult, this dread does not go away, but it takes on a somewhat different form....
Giving shares to family members is a great way to introduce them to investing and teach them about financial markets.However, there are several important considerations to make before donating shares to your children, such as the tax ramifications. In this article we...
When operating as a sole trader or partnership, taking money from the firm for personal use is usually simple and straightforward, and there are usually no tax repercussions unless the owners’ drawings constitute a significant drain on the business’...
Although not everyone is needed to file a self-assessment tax return, there are a few circumstances in which you may be needed to do so, even if you are an employee who has tax withheld from your pay. It’s crucial to be aware of scenarios where a tax return is...
Buying Property Through a Limited Company If you are a business owner, contractor, or independent professional who operates through a limited company, you may have considered purchasing property through your company. Property purchases using limited companies have...
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