Business Information at your Fingertips

Personal Tax

  1. Taxation of the Family

    We highlight below the main areas of importance where advance planning can help to minimise overall tax liabilities. It is important that professional advice is sought on specific issues relevant to your personal circumstances.

  2. Charitable Giving

    If you are thinking of making a gift to charity, this factsheet summarises how to make tax-effective gifts. You can get tax relief on gifts to UK charities if you give under Gift Aid, through a Payroll Giving scheme, run by your employer, or by making a gift of certain shares or land.

  3. Child Tax Credits

    This factsheet explains whether you or your spouse/partner are entitled to the Child Tax Credit and the childcare element of the Working Tax Credit.

  4. Enterprise Investment Scheme

    The purpose of the Enterprise Investment Scheme (EIS) is to help certain types of small higher-risk unquoted trading companies to raise capital. It does so by providing income tax and CGT reliefs for investors in qualifying shares in these companies.

  5. Venture Capital Trusts

    Venture Capital Trusts (VCTs) are complementary to the Enterprise Investment Scheme (EIS), in that both are designed to encourage private individuals to invest in smaller high-risk unquoted trading companies affected by the equity gap.

  6. Property Investment - Tax Aspects

    Investment in property has been and continues to be a popular form of investment by many people. This factsheet summarises the main tax issues which apply for the current tax year 2009/10.

  7. Individual Savings Accounts

    Successive governments, concerned at the relatively low level of savings in the UK economy have over the years introduced various means by which individuals can save through a tax-free environment.

  8. Buy to Let Properties

    In recent years, the stock market has had its ups and downs. Add to this the serious loss of public confidence in pension funds as a means of saving for the future and it is not surprising that investors have looked elsewhere.

  9. Personal Tax - Self Assessment

    Under the self assessment regime an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time.

  10. Non-Domiciled Individuals

    This factsheet sets out the rules which deal with the taxation in the UK of income arising outside the UK, for non UK domiciled individuals. The rules changed significantly from April 2008.