Which structure is better – LLP or a company? 9 Jan 2023 Tax - The main benefit of an LLP is that it enables individual partners to only be personally liable for the amount they have invested into the business.
When can a director be sued by HMRC for unpaid tax? 5 Jan 2023 Bookkeeping, Tax - One of the common misconceptions is that the limited liability status protects directors personally against being sued.
Tax efficient ways of selling company 19 Dec 2022 Leadership, Tax - It's often more beneficial to sell company shares rather than take the asset sale route.
Capital expenditure planning ahead of AIA limit increase 19 Dec 2022 Policy, Tax - AIA allows 100% relief for qualifying expenditures up to the limit.
Dividend Planning 4 Nov 2022 Tax - A popular tax-efficient strategy is to take a small salary and to extract further profits as dividends.
What expenses can you deduct? 4 Nov 2022 Tax - The list of deductible expenses will vary from business to business depending on the nature of the activity.
What is maximum tax-free amount on mileage allowance 3 Nov 2022 Tax - The maximum amount that can be paid tax-free to employees using their own car for work is the approved amount.
VAT bad debt relief 3 Nov 2022 Tax - What happens if your customer can't pay their bill?
Budget U-Turn: Which Measures Did Jeremy Hunt Cancel? 20 Oct 2022 Policy, Tax - With Jeremy Hunt's U-Turn, Britain's tax policies have been turned upside down again, almost like they were never changed in the first place.
Bookkeeping for Start-ups 18 Oct 2022 Tax - It is important to ensure your bookkeeping is of the highest standard as even small mistakes can lead to legally difficult situations.
How can you tax-efficiently extract your profits 18 Oct 2022 Tax - Salary, dividends, rent, pension contributions and benefits-in-kind are all tax-efficient methods
Is it worth registering for VAT voluntarily? 12 Oct 2022 Tax - The main advantage is to be able to recover the VAT associated with making taxable supplies.