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 »
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 »
As the holiday season approaches, many businesses prepare to celebrate with annual Christmas parties. While these events foster team spirit and recognize employee contributions, employers
Annual Staff Parties, Gifts and Non Taxable Benefits Read More »
The process by which a business is transferred out of a limited company and carried on subsequently by a sole trader, a partnership, or a
Dis-incorporation – Removing a Business from a Limited Company Read More »
Inheritance Tax (IHT) is becoming more of a concern to many people. Most estates (the assets you leave when you die) are still not charged
The Basics of Inheritance Tax Read More »
Capital Gains Tax (CGT) applies when chargeable assets are disposed of and applies to individuals and trustees but not to limited companies. However, Limited Companies
Capital Gains Tax (CGT) An Ultimate Guide Read More »
The sale of an individual’s home is normally exempt from CGT, with neither a taxable gain nor loss arising. This is certainly the case where
CGT Private Residence Relief – Capital Gains Tax Read More »
To ensure avoidance of penalties, companies should notify HM Revenue & Customs about corporation tax returns within 3 months of commencing trading which is normally
A Guide On Corporation Tax Self Assessment (CTSA) Read More »
A Limited Liability Partnerships (LLP) is a new form of legal entity introduced on 6th April 2001 and is neither a company nor a partnership.
Understanding Limited Liability Partnerships (LLP) in the UK Read More »
