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Time for 2017/18 Company Remuneration Planning

Now that the deadline for submission of tax returns for the 2016/17 tax year has passed, it is time for this financial year's company remuneration planning. You need to consider the level of salary and dividends you may require from your limited company in the 2017/18 tax year, as this needs to be in place by 5 April 2018.

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Tax Relief For Residential Mortgages

HMRC have introduced a restriction to the amount of mortgage interest relief that is available for property businesses. Even so, if you have a property letting business you may find that restructuring your borrowing between properties could still have substantial tax benefits.

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