Change accountants: when should you change your accountants?
Change accountants: when should you change your accountants? If your business is growing and has changed direction and your accountants have failed to provide you expert financial [...]
Benefits in kind – tax treatment for the employer
A handy summary of how to treat benefits in kind. Income tax and corporation tax While the treatment of benefits provided by an employer follows much the [...]
Reporting deadline of capital gains tax (CGT) on UK residential property disposals:
Capital gains tax: updated guidance of HMRC on reporting deadline of capital gains tax (CGT) on UK residential property disposals: As UK residents will have to report [...]
COVID-19: employee’s taxable benefits and expenses
COVID-19: taxable benefits and expenses Government has updated its guidance on taxable expenses and benefits that are [...]
Pros and cons of setting up a limited company UK and comparison between limited company and self-employment:
Separate entity and limited liability of setting up a limited company UK: Unlike self-employed setting up a [...]
Something important that you need to know about marriage allowance UK:
What is the marriage allowance claims UK? If your income is less than your personal allowance (£12,500 [...]
COVID-19 tax relief UK: claiming tax relief on home office equipment:
Jesse Norman, the financial secretary announced the temporary measure of tax relief (income tax and national insurance [...]
VAT on Commercial property: Is there VAT rate on commercial property purchase UK:
The purchase of new property and undeveloped commercial property or land, purchaser or tenant will be exempt [...]
Something important that you need to know about Director loan:
Director loan is any money or tax-free loan that director of limited company takes out from his [...]