Cutting tax

Discussion List

• Taper Relief on EMI Share Options

  Hi, A bit of advice (or rather confirmation of what I already believe). I was granted options under my employers EMI share scheme on 29/6/2004. I am able to exercise these options now. My understanding of the Taper Relief system is that the EMI Options form a Business Asset and are therefore eligible for Taper Relief as…

• how can I reduce Capital Gains Tax

  This is our position. Myself and husband own our home, no mortgage. Daughter wants to buy a house but cant afford to on her own. We have decided to buy a house jointly, probably her 75% and me and husband 25%. We all work and pay tax at basic rate. Daughter intends to buy us out in about 2-3 yrs. She will be living in the…

• Any advantages to a partnership?

  Myself and two colleagues provide a service to a local hospital to fee paying patients. The hospital manager would rather we formed a group (a partnership I suppose?) so that all the work we do gets paid to the group rather than individuals. The only reason they are suggesting this approach is reduce their paperwork. We…

• Tax Or No Tax

  Hi, My mom helped me pay the mortgage on my first house for two years, now i have just remortgaged and have borrowed more money to pay her back all that i owe roughly £8000. She will not gain anything just have all her money back. Will she have to pay tax????????????????????????????????

• Tax and Training costs - can they be offset?

  My son is planning on going to flying school and this will be about £50,000 in total training fees. I was planning on giving him a bank guarentee for this amount. I'm on PAYE 40% rate. Question - if I set up a company (training type or some other thing) , could I claim any or all of the training costs? There is a 3 year…

• Private or PAYE??

  Hi I have registered with a few new agencies and they ask if I'm private or PAYE?? What are the differences and what are the benefits of being private or PAYE?? Thanks

• Council Tax

  How can I work out the council tax I will have to pay on the new build house I am about to buy? I understand it is based upon valuations in 1991 - how could I find this out?

• how to pay tax when getting paid cash???

  Anyone kow how to do it??? I'd like to be okay in terms of taxes. sraqacz