Personal Tax Credits and Reliefs


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In the current economic climate it would seem obvious that everyone would claim all tax credits and reliefs available to them. However it is our experience that a large number of taxpayers are not doing this due to a lack of time or a lack of awareness. In this regard we have outlined below the … [Read more...]


Expenses for Self Employed and Employees


We have found over the years that an area which causes some confusion to taxpayers is the question of expenses and what can/cannot be claimed.  In this regard we have set out below a summary of the criteria which must be considered when deciding whether an item is/is not deductible.  This has been … [Read more...]


Share Schemes – An Overview


There are a number of share schemes available to companies, each with its own set of rules, tax treatments and reporting requirements.  Below is an overview of the main schemes and their key features. APPROVED PROFIT SHARING SCHEMES (APSS’s) An APSS must be set up under a trust deed and … [Read more...]