Autumn Statement 2022: Key Tax Change Highlights

By Kate | November 17, 2022

This morning (Thursday 17th November), Chancellor Hunt unveiled his 2022 Autumn Statement, featuring tax rises and spending cuts worth billions, in order to tackle the cost-of-living crisis, and rebuild the UK economy. The changes include freezing allowances and thresholds that will pull millions into paying tax for the first time, hundreds of thousands into higher…

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Can I Reduce Limited Company Tax with My Spouse?

By Kate | October 31, 2022
A bride and groom reduce the distance between them by holding hands in a wedding dress.

Company owners can make big tax savings by transferring shares to their spouse or civil partner. The good news? There’s no Capital Gains Tax on gifts between married couples – however, careful planning is required for the diversion of income to be tax-effective. If you are a cohabiting couple, and not married or civil partnered,…

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