There is no longer a legal requirement for private companies to have a company secretary unless its articles of association explicitly require the company to
What are the Company Secretary Requirement? Read More »
When it comes to managing finances, understanding the accounting software advantages and disadvantages is crucial for any business owner. In today’s fast-paced business environment, these
Accounting software – Advantages and Disadvantages Read More »
As you may be aware, since May 2010, HM Revenue is charging penalties for late payment of PAYE and National Insurance Contributions (NICs). This also
PAYE/NIC Late Payment Penalties Read More »
Principal Private Residence Relief (PPR relief) allows homeowners to sell their homes without being liable for any capital gains tax on property profits. It may
Private Residence Relief – More Than One Residence Read More »
As a provider of services through your own limited company, you will no doubt already be aware of the IR35 regulations. The purpose of this
Are You Safe from the IR35 Regulations? Read More »
Can Anyone be a Director? Generally, it is up to the members (shareholder owners) to appoint the people they believe will run the company well
Managing Finances as a Director of a Limited Company Read More »
In certain circumstances, a lump sum payment to an employee on the termination of their employment may be tax-free. Where tax-free treatment is available it’s
Tax Treatment Payments on Termination of Employment Read More »
On 6th April 2007, a new Construction Industry Scheme was introduced. Many of the characteristics of the previous scheme were carried over into the new
Construction Industry Scheme (CIS) Issues Read More »
There have been some major changes to capital allowances claims (i.e. asset depreciation rates permitted for tax purposes). Which came into effect on 1 April
New Capital Allowances Regime for 2024 Read More »
The application of accounting standards is important in the determination of a company’s taxable profit. Therefore, HM Revenue & Customs has recruited significant numbers of
Corporation Tax Deductibility of Year End Bonuses Read More »
