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IR35 Rules Are Changing: Here’s How To Prepare 2 Sep 2019 Employment, Tax - Starting in April 2020, some private businesses will be required to operate under the same rules as public sector companies for what concern IR35 regulations.
Drag-Along Clause In Term Sheets: What Does It Mean? 2 Sep 2019 Fundraising, Investment - Drag-along rights enable majority shareholders to force minority shareholders into a sale, provided that minority shareholders are offered the same exact terms as the majority ones.
What is the Video Games Tax Relief (VGTR) 19 Aug 2019 Tax - In order to be eligible for VGTR, the applying company must be responsible for most of the planning, designing, developing, testing and production of a game
The Timing Of Your Dividend Payment Could Help You Save Tax 5 Aug 2019 Investment, Tax - Timing the date of a dividend payment from a company can determine both the amount and the due date of the tax payable. This may be a particularly useful strategy in a close- or family-owned company.
Cash Basis: Simplified Expenses For Smaller Businesses 5 Aug 2019 Bookkeeping, Employment, Tax - Certain unincorporated small businesses may choose to use the cash basis when calculating taxable income, under which participants are taxed on the basis of the cash that passes through their books.
Entrepreneurs’ relief – the basics 22 Jul 2019 Bookkeeping, Strategy, Tax - Formerly, to qualify for entrepreneurs' relief, the assets or shares had to be held by the individual for at least 12 months to the date of disposal. However, the length of ownership condition has recently been increased.
Dividends Complexities – What Do The Cuts Change? 22 Jul 2019 Investment, Tax - Many family-owned companies allocate dividends towards the end of their financial year and/or the tax year, so it was not until March/April 2019 that the impact of the reduction first started to hit home.
When should a business register for VAT? 28 Jun 2019 Tax - Businesses are required to register for VAT when their annual sales reach the threshold of £85,000. You can also register volountarily in some instances.
The investment funnel: What are a start-up’s chances to succeed? 28 Jun 2019 Investment, Strategy - Out of the original sample, only 12 companies went through the whole funnel to reach a valuation over $1bn, achieving "unicorn" status.
Preference Shares vs Ordinary Shares 26 Jun 2019 Employment - The two main classes of shares that are issued by most companies are Ordinary Shares and Preference Shares. How do they differ?
Introduction to VAT from SimplyVAT.com 12 Jun 2019 Tax - While VAT is charged at every stage that value is added within the supply chain, the final payment is always made by the customer.
Workplace pension contributions rise takes effect 12 Jun 2019 Employment, Tax - From April 6 2019, the employer minimum contribution has risen from 2% to 3%, while the staff contribution also increased from 3% to 5%.