Passing Assets to the Next Generation through Family Investment Companies
What is a Family Investment Company? A Family Investment Company (FIC) is a unique entity that can be used as an alternative to a Family Trust....
24 November, 2023
What is a Family Investment Company? A Family Investment Company (FIC) is a unique entity that can be used as an alternative to a Family Trust....
The Scottish Government has committed to achieving a Net-Zero society by 2045 and is increasing investment in rural areas with new schemes to support a...
The rate at which Corporation Tax is charged is set to increase from the 1st of April 2023, as one of several measures being introduced...
*Please note this guidance has now changed in the September 2022 mini-budget, for more information click here* Douglas Home & Co directors are advising clients to...
We are urging British farmers to take advantage of a generous Government “super-deduction” – before it disappears. The potential 130% tax deduction can cover a broad...
In September 2021, Boris Johnston announced that as of April 2022, National Insurance contribution (NICs) rates will increase by 1.25%. From April 2023, the 1.25%...
Yesterday, Rishi Sunak, the Chancellor of the Exchequer, announced a new tax plan which includes a National Insurance threshold rise, increases in Employment Allowance and...
In the 2021 budget announcement, businesses were told they will now benefit from two new capital allowance measures, 130% Super Deduction and 50% first-year allowance. Capital allowances...
VAT-registered companies, it’s time to leave your spreadsheets and paper records behind. On the 1st of April 2022, all VAT-registered businesses with a taxable turnover below £85,000...
A Basis Period is simply the period on which your tax in the year is based upon. A business’s basis period is usually the same...