S R Lynn & Co·Blog

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Investment bond - undercover tax trap?

Inheritance tax is a hot topic but most couples only need to be concerned if they are worth more than £1m. What you don’t hear about is the income tax charge on investment bonds that’s payable on death. Can you reduce the tax bill before it’s too late?

When are staff discounts tax efficient?

Staff discounts provide a valued perk for the employee and usually cost the employer next to nothing. Whether it’s a modest discount for supermarket employees or a free ticket for airline staff, the underlying tax principles are the same.

Using the EIS to unwind capital gains tax

You inherited shares from your father last year and sold them several months later making a tidy capital gain. You’ve read that the enterprise investment scheme (EIS) can defer the resulting tax bill, but how might it reduce it?

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