by Oasis Accountants | Nov 8, 2023 | Newsletter
It is a valuable inheritance tax (IHT) relief, allowing certain types of business assets to be passed on 100% IHT-free. There is also a 50% rate of relief for other eligible business assets that do not qualify for the 100% rate. However, as with all reliefs, its...
by Oasis Accountants | Nov 3, 2023 | Newsletter
The process of restoring a dissolved company in the UK can vary depending on the specific circumstances and the duration since the company’s dissolution. Below are the general steps for restoring a dissolved company: Determine Eligibility: Before commencing the...
by Oasis Accountants | Oct 26, 2023 | Newsletter
What Is Group Relief? Group Relief is a tax provision that allows companies within the same corporate group to share tax losses and certain other tax attributes. In essence, it enables profitable group members to offset their profits with the losses of other group...
by Oasis Accountants | Oct 18, 2023 | Newsletter
Global Ties, Global Income In our interconnected world, it’s increasingly common for individuals to have income sources or financial assets located globally. These may include foreign employment, rental income from properties abroad, dividends from foreign...
by Oasis Accountants | Oct 12, 2023 | Newsletter
The Power of Pension Contributions Contributing to a pension scheme is a smart financial move that not only helps secure your retirement but also comes with valuable tax advantages. When you make contributions to a registered pension scheme, you have the opportunity...
by Oasis Accountants | Oct 5, 2023 | Newsletter
Gifts from Non-Resident Parents Receiving gifts or assets from parents who are not UK residents is a common scenario, especially in today’s interconnected world. While such gifts can be a source of financial support or a way to pass on family wealth, it’s...
