Venture Capital Trusts

Venture Capital Trusts (VCTs) offer similar tax breaks to individuals as the Enterprise Investment Scheme. VCTs are managed by a variety of specialist fund companies. At Proactive Accounting, we advise individuals on tax efficient investments in the Co. Antrim area. Some information about VCTs is given below. Venture Capital Trusts (VCTs) are complementary to the…

Taxation of the family

Husbands and wives are taxed separately and the tax position of any children is also a consideration. Marriage breakdowns can also have a considerable impact for tax purposes. We consider the relevant issues and the basic tax planning opportunities. If you live in the Co. Antrim area we, at Proactive Accounting can help you plan…

Statutory Residence Test

We consider the statutory residence test and outline rules and records required. If you live in the Co. Antrim area we, at Proactive Accounting, can provide advice on your individual circumstances. The concept of residence in the United Kingdom is fundamental to the determination of UK tax liability for any individual. The Statutory Residence Test…

Pensions – tax reliefs

Personal Pensions are common types of ‘registered pension schemes’ which allow members to obtain tax relief on contributions into the scheme and tax free growth of the fund within limits. We consider the rules here. At Proactive Accounting, we provide advice on all taxes in the Co. Antrim area and can help you to consider…

Tax-Free Childcare

Tax-Free Childcare replaced Employer Supported Childcare, and has the advantage that the self employed, as well as employed individuals, can make use of the scheme. At Proactive Accounting, we can provide guidance on Tax-Free Childcare and Employer Supported Childcare in the Co. Antrim or surrounding areas. The government has introduced a tax incentive for childcare…