News

The most flexible way in which you can draft a Will is to leave the whole of the estate on a trust for a wide class of beneficiaries. Those beneficiaries will typically include the deceased’s wife, children and grandchildren. The advantages You can leave instructions to the Trustees asking them to distribute your estate according to the needs of the… Read More

Over recent years, owning a conventional personal car via your company has not been an attractive proposition; expensive ‘benefit in kind’ charges, an exorbitant fuel benefit charge (for personal usage) and the relatively low advisory rates on fuel reimbursement made it a non-starter for many company Directors.  Even mid-range petrol and diesel executive cars can generate personal tax charges via… Read More

Capital Gains Tax is paid when an individual makes a gain on an asset they have disposed of. For basic rate payers this is charged at 10% for chargeable assets, and 18% for residential properties. This is increased by 10% for higher and additional rate taxpayers (those who earn over £50,000 in taxable income). There are many reliefs available to… Read More

Chancellor Rishi Sunak set out a Budget prioritising the protection of businesses during the pandemic. Our report highlights the headlines that may have an impact on your family, your business and your wealth going forward. Please follow our link to read our report on the how the budget is moving forward.  Read More

Please follow our link to our helpful guide of tax planning tips to consider before 5th April. In an ideal world, we would be thinking about tax planning throughout the year, but this year has been like no other. Covid-19 has impacted all our lives; family, work, and even our finances and is going to affect us for some time… Read More

January is almost over so it’s time to look forward to the Budget, due to be delivered on 3rd March.  The Chancellor must find a balance between supporting the health of businesses and the consumers they rely on. It is unlikely the Chancellor would want to risk pushing the economy too hard into reverse by introducing aggressive tax-raising measures too… Read More

Happy New Year to all of our Signature Tax clients. We wish you a very happy and safe 2021. Read More

Even serious tax people need to lighten their mood sometimes, so our Head of Tax, Chris Williams, has produced something different to greet the festive season. Just note, however, that even in this jollity there hides some serious tax points. At Signature Tax we are used to resolving the problems of the globally mobile and nobody exemplifies this better than… Read More

Although efforts to deal with Covid-19 are starting to bear fruit, the prospects for a return to normality in education are still uncertain at best. In this climate parents and other family members may want to provide additional support to children whose education risks being disrupted or otherwise hindered. Parents Where minors (children under 18) are concerned the options for… Read More

Since the onset of the pandemic and the rollout of the Furlough Scheme, billions of pounds have been pumped into the economy to assist those in need. However, as the age-old adage goes, what goes up, must come down. The Chancellor is now tasked with the job of collecting a considerable portion of the funds that were distributed through the… Read More