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Tax - business

The hidden 60% tax rate

Most people think the highest rate of income tax in the UK is 45%. But in fact there are two situations where you could be paying much more. 

The hidden 60% tax rate

Most people think the highest rate of income tax in the UK is 45%. But in fact there are two situations where you could be paying much more. 

Recent tribunal triggers debate over capital allowances

Commercial property firms are being urged to ensure their capital allowance provisions are in order after a tribunal sparked a debate over claims.

Dividend allowance - use it or lose it!

If you have not already taken a dividend from your company during the 2017/2018 tax year please be aware that to benefit from the £5,000 dividend allowance (0% tax rate) a dividend needs to be taken on or before 5 April 2018.