Connected persons for tax purposes
The definition of a connected person for tax purposes varies.
A statutory definition of “connected persons”
Tax relief for training costs
If you are self-employed it is important to know if an expense is tax allowable. Any allowable costs can be used to
Post cessation transactions
Tax relief may be available for post-cessation expenses of a trade. To be an allowable post-cessation expense the trade
Tax and employee share schemes
There are a number of government approved share schemes which offer various incentives to employees. The rules of the
Is your income over £100,000?
If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 of adjusted