Archive for January 2024
Environmental tax reliefs: What are your options?
Environmental taxes aim to encourage businesses to operate in a more environmentally friendly manner, usually through penalising activities that cause pollution or drain natural resources. They include the Climate Change Levy (CCL), Aggregates Levy, and Landfill Tax. The CCL, for instance, is a tax on energy used by businesses – the Government is therefore incentivising you to focus…
Read MorePlan your retirement – paying tax on your pension
When it comes to retirement, we all want things to run smoothly. This means ensuring that you are aware of any tax obligations you may have when receiving your pension. Paying tax on your pension can be complicated. However, with the abolition of the Lifetime Allowance (LTA) in April this year, things may become simpler. …
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