The ‘settlements’ income tax anti-avoidance rules found in ITTOIA 2005. The principal sets of rules are the ‘revocable, or settlor interested’ settlement rules (ITTOIA 2005,
Family Businesses and the Settlements Anti-avoidance Rules Read More »
After several recent tribunal cases on the subject, HMRC has amended its guidance about whether a director has to file a tax return. The guidance
Director’s Guide From Accountants Read More »
How do you pay tax on crypto currencies? Are cryptocurrency or crypto-asset gains or profits taxable? Can you obtain tax relief if you make losses
Tax on Crypto Currencies & Crypto Assets Read More »
Setting up a limited company has many benefits. The foremost benefit is that you won’t be personally liable for debts and other liabilities incurred by
Difference Between Memorandum & Articles of Association Read More »
Q: I am an IT consultant, operating through a VAT-registered UK company. I am supplying consultancy services to another UK IT business. I have incurred
VAT on Disbursements VAT on Claiming Expenses Read More »
You may not need to get an audit of your private limited company’s annual accounts. Most small private limited companies only need an audit if their articles of association say they must or the shareholders ask for one.
Small Companies Audit Requirements – Startup Accountants Read More »
Business entertainment is the entertainment provided by a business/company to people other than employees. An example of this is the entertainment provided to customers. If
Can You Claim VAT on Entertainment? Read More »
How to pay company house penalties? You can pay companies house penalties by cheque, bank transfer (known as BACS), or by credit/debit card. Paying by
How to Pay Company House Penalties? Read More »
Income Tax Rates and Bands Recent income tax rates and bands are as follows: 2015/16 2016/17 2017/18 Savings rate: 10%, 0% from 2015/16 0 –
Tax Rates 2018/2019 Read More »
What is the annual investment allowance, and how does it work in the UK? It is considered to be one of the generous tax reliefs.
What is an Annual Investment Allowance? Read More »
