Pareto Lawrence Ltd

How to Pay Yourself

Ray Best — Wed, 16 May 2012 08:14:10 +0000

Tax rates change regularly, so it is wise to regularly check whether it will be cheaper for your company to pay a dividend rather than a salary. Recent changes mean that: The personal tax allowance has increased to £8,105 as have the … Continue reading →

EIS income tax carry back relief

Ray Best — Tue, 15 May 2012 16:00:52 +0000

Five reasons why 20% income tax relief may be preferable to 30% Enterprise Investment Scheme (EIS) investors can take advantage of ‘carry back’ which allows the cost of shares to be treated as though they had been acquired in the … Continue reading →

Eclipse Film Partners No 35 LLP

Ray Best — Wed, 09 May 2012 09:11:19 +0000

Film Partnership schemes have been around for years but they have come under increasing scrutiny. Eclipse Film partnership was set up to secure income tax relief for its investors. It entered into a complex set of transactions with the Disney Group … Continue reading →

This may be the year to plant some Seeds ?

Ray Best — Mon, 07 May 2012 08:58:09 +0000

Seeds or (SEIS) is a new form of Enterprise Investment Scheme (SEIS): a new tax relief for start-ups introduced by the Finance Bill 2012. Benefits Taxpayers who invest up to £100,000 in a qualifying new start-up business will be eligible for income … Continue reading →

Loan Defaults at 1990’s level

Ray Best — Fri, 04 May 2012 09:30:41 +0000

A previous prime minister was quoted as saying “if it’s not hurting, it’s not working!”. Judging from the alarming number of firms going into administration lenders are reporting the highest numbers of loan defaults for some time. It would appear … Continue reading →

A reminder of the Spring 2012 Budget highlights

Ray Best — Thu, 03 May 2012 09:30:11 +0000

The personal tax allowance threshold has increased to £8,105 from 6 April 2012, with a further rise to £9,205 pledged by 2013. More significant to business owners is a welcome drop to 24% in the main Corporation Tax rate, helping … Continue reading →

85% of taxpayers take no action to reduce Inheritance Tax!

Ray Best — Tue, 01 May 2012 14:15:02 +0000

© Ithica Publishing Services Despite Inheritance Tax being one of the easiest taxes to avoid, very few people take active steps to reduce this tax. This lack of means that HMRC often will take a larger shares of the estate … Continue reading →

Who would you trust with your children?

Ray Best — Fri, 27 Apr 2012 11:27:19 +0000

www.freefoto.co.uk In the UK there are over 13.2 million dependent children. 76% of them live in a two-parent family but 24% have just one parent caring for them – most of these are women. With statistics like these, it is … Continue reading →

How do you deal investment funds that are showing a loss on original purchase price?

Ray Best — Tue, 17 Apr 2012 11:26:19 +0000

www.freefoto.co.uk We are pleased to provide a guest blog from Rabix Wealth who understand the importance of psychological differences with a variety of investors. Investments, particularly in equities are subject to capital fluctuation or variances (most investors regard this as … Continue reading →

If you personally own your trading premises and your trading company is paying you full market rent – Entrepreneurs Relief may be affected !

Ray Best — Thu, 05 Apr 2012 08:22:48 +0000

On 1 April 2011 you leave the partnership of which you have been a member for several years and transfer your 1/3 interest in the partnership’s assets to the remaining two partners. You make gains of £2,250,000 on your share … Continue reading →