UK & Offshore Tax Planning Blog
The company itself is not limited by salary. You can qualify for tax relief on contributions up to your earnings level (eg trading income income and salary from company). Therefore any contributions above this would not qualify for tax relief. This…
It's important to realise that all properties let by a landlord are treated as a single rental business. Therefore if the rental expenses exceed that years rental income the excess costs are simply carried forward for offset against future rental…
Before 6 April 2006 it was very difficult to transfer your pension overseas but the 'A' day changes also brought with them 'Qualifying Recognised Overseas Pension Schemes ('QROPS') which allow UK pensions to be transferred overseas. A QROPS is an…