Taxation of company cars in 2021/22
If you are an employee with a company car, you will be taxed on the benefit derived from the car being available for your private use. If you are an…
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New 95% mortgage scheme launched
On 19 April, a government-backed mortgage scheme to help people with 5% deposits get on to the housing ladder was made available to lenders. First announced at the 2021 Budget,…
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Tax Benefits of Company Electric Cars
It is currently very tax efficient for a company to hire or purchase an electric car for an employee to use. The key current tax savings are as follows: The…
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Inheritance Tax Refunds on Portfolio & Property Losses Rise
Wealthy families are making more claims for inheritance tax repayments under a little-known rule that allows refunds on share and property losses. Executors are able to apply for IHT refunds…
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