This tag is associated with 3 posts

Tax Efficient Life Insurance Cover

At Holcombe Financial Services we work with business owners to create bespoke financial plans that suit their personal and business goals. One area we do a lot of work on is tax efficiency. One area we cover is protection and life assurance for businesses and business owners. Many business owners are unaware that they could […]

Profit Extraction – 6th April 2012

Tax Planning – Maximum Profit Extraction Increases in the National Insurance (NI) thresholds from 6th April 2012 will increase the optimum annual salary for Directors. The Primary Threshold (PT), the point at which salaries become chargeable to NI for employees, will rise to from £7,228 to £7,592 per year and the Secondary Threshold (ST), the […]

Reduction in Annual Investment Allowance

Reduction in Annual Investment Allowance In April the annual investment allowance (AIA) for the cost of equipment will be significantly reduced from £100,000 to just £25,000. From 1st April for companies and 6th April for other businesses, the amount of AIA that can be claimed on the cost of buying equipment will fall from £100,000 […]