A key proposal in the July 2015 Budget was the restriction of mortgage interest relief available to landlords. Currently, landlords are able to offset all their finance interest against the rental profits, before calculating the rent profit and subsequent tax liability. By the 2021 tax [...]
You'll no doubt be aware that the Chancellor delivered his Summer Budget at the start of July. George Osborne laid out a Budget to inspire confidence in British business, with measures intended to inspire investment, growth and an overall boost to the economy. You can [...]
As a director of your own limited company, the most tax efficient way to take your money out of the business is usually to pay yourself a small salary and recoup your remaining drawings as dividends. Here, we'll explore in more detail how this works [...]
