Taxation
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April 12, 2022
Tax Relief on a Large Employer Pension Contribution
The rules around corporation tax relief on a single large employer pension contribution are not easy, so this article...
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March 29, 2022
Tax Year End Planning
Tax efficiency and tax planning of a client’s portfolio are often examined in the R06 and AF5 exams and...
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March 8, 2022
Brand Bitesize: Transferring Nil Rate Band between spouses/civil partners
Are you a visual learner? You're going to love this new feature on the blog! Watch short, informative videos...
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January 25, 2022
Are you aware of the IHT Reduced Rate of 36%?
In this article, we look at the IHT reduced rate of 36% which may come up if you are sitting...
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December 28, 2021
Domicile and Deemed Domicile – Spot the Difference
Last week, we looked at UK residency and today, we focus on an individual's domicile. This is of interest...
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December 21, 2021
How to Determine UK Residency Status
A whole chapter of the CII's R03 study text is based on residence and domicile, so no doubt you'll...
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November 30, 2021
How to Avoid the High Income Child Benefit Tax Charge
The High Income Child Benefit Tax Charge can be tested in the CII R01, R03, R05, R06, AF1, and...
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July 13, 2021
Using Your Own Transport for Business
Using your own transport for business may be tested in the CII exams R03 or within AF1. Read on...
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April 20, 2021
Minimise CGT on a Property Disposal with this Exemption
We all know that when we sell our house it is exempt from capital gains tax (CGT) if it...
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January 12, 2021
How to Reduce Inheritance Tax on PETs and CLTs with Taper Relief
Taper relief can be applied to the inheritance tax payable on either a potentially exempt transfer (PET) or a...
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July 14, 2020
The Little-Known Tax Perk of Being Married
The marriage allowance is a scheme to give income tax relief to married couples, but it does only apply...
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May 19, 2020
How to Do These Common Calculations in the CII R03 Exam
When it comes to the CII R03 exam (Personal Taxation), candidates will, of course, be expecting to do calculations....
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February 11, 2020
Late Submission of Your Tax Self-Assessment: A Costly Mistake
If you're someone who missed the 31st January deadline for tax self-assessment, it could be painful for you financially....