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Once a sole trader or partnership has incorporated, the owner or partners can no longer help themselves to the business’s profits at will; such individuals were previously subject to income tax and National Insurance contributions (NICs) based on those profits, irrespective of how much they took from the business. However, with limited companies, those profits […]
Making a Withdrawal! Company Profits Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Redundancies – What Factors Should be Considered? In times of economic uncertainty or because of operational challenges, you may find
Business News England – 18 March 2024 Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Redundancies – What Factors Should be Considered? In times of economic uncertainty or because of operational challenges, you may find
Business News Scotland – 18 March 2024 Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Redundancies – What Factors Should Be Considered? In times of economic uncertainty or because of operational challenges, you may find
Business News Wales – 18 March 2024 Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Redundancies – What Factors Should Be Considered? In times of economic uncertainty or because of operational challenges, you may find
Business News Northern Ireland – 18 March 2024 Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Spring Budget – A Budget for Long-Term Growth? Jeremy Hunt, Chancellor of the Exchequer, delivered his Spring Budget 2024 speech
Business News England – 11 March 2024 Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Exploring Tax Implications: Limited Company Vs Sole Trader When starting a business, or indeed as an established business, choosing the
Business News Wales – 26 February 2024 Read More »
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! Reporting PAYE Information in Real Time – Early Christmas Payments Some employers pay their employees earlier than usual over the
Business News Scotland – 11 December 2023 Read More »
Under the original plans, landlords with rental income (or combined rental and business income) of more than £10,000 would have needed to comply with Making Tax Digital for Income Tax (MTD for ITSA) from 6 April 2024. However, the start date has now been delayed, and its introduction is to be phased in. Phased
MTD and Landlords – the New Timetable Read More »
A gain on the sale of an investment property, such as a buy-to-let or second home, will be liable to capital gains tax to the extent that it is sheltered by losses or the annual exempt amount. The annual exempt amount is like a personal allowance for capital gains tax purposes and allows individuals to
Time Sale to Take Advantage of Higher Annual Exempt Amount Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
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