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  1. TC Group Insights Banner

    31 Jan 2022

    Utilising your pension to cut inheritance tax

    Inheritance tax was thought to be ripe for reform in last year’s Autumn Budget but, as it happened, it was left untouched for another tax year. What that means is the £325,000 nil-rate band has been in place since 2009,... Read more

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    Utilising your pension to cut inheritance tax
  2. TC Group Insights Banner

    31 Jan 2022

    Insider: February 2022

    HMRC WAIVES PENALTIES AGAIN FOR LATE SELF-ASSESSMENT   Anyone who missed last month’s self-assessment deadline has until 28 February 2022 to file their tax returns online before being fined. HMRC said last month that fines would not be enforced on... Read more

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    Insider: February 2022
  3. TC Group Insights Banner

    05 Jan 2022

    How to extract profits out of a company

    Believe it or not, there are more than 4.7 million limited companies registered in the UK, including the 810,316 incorporations that signed up in 2020/21. Only around 2m are actively trading, but the number of new companies formed during the... Read more

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    How to extract profits out of a company
  4. TC Group Insights Banner

    05 Jan 2022

    How should you structure your business?

    If you’re looking to join the 4.3 million people in the UK who made the jump into self-employment, you might be wondering how to start your new business. Assuming you’ve weighed up the pros and cons involved and decided launching... Read more

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    How should you structure your business?
  5. TC Group Insights Banner

    05 Jan 2022

    Insider January 2022

    HMRC ISSUES LAST REMINDER FOR 2020/21 PERSONAL TAX RETURNS. HMRC is reminding taxpayers that the deadline to submit 2020/21 personal tax returns through self-assessment is on or before midnight on 31 January 2022. Some 407,510 startups were created during the... Read more

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    Insider January 2022
  6. TC Group Insights Banner

    02 Dec 2021

    Construction industry scheme update

    The construction industry remains one of the UK’s key sectors, which also helps to underpin the UK economy, despite experiencing the effects of the COVID-19 pandemic. In September 2021, construction output grew by 1.3% on the previous month – placing... Read more

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    Construction industry scheme update