How Your Business Can Benefit From Intrapreneurship?
What Is Intrapreneurship? Everyone has heard and is aware of the term “Entrepreneurship”, however not many have heard of “Intrapreneurhsip”. It is a new concept that has helped individuals [...]
Blog
Major VAT Changes Ahead For The Construction Sector
The recent budget has confirmed what was being anticipated since long. It is now assured that significant VAT changes for the building and construction services will be introduced from 1 October 2019. [...]
Simpler and More Transparent Payslips Will Be Reality With Change In Law 2019
The employers of the United Kingdom need to alter the manner in which they provide payslips to their employees with the introduction of fresh legislation. As per the current legislation, payslip [...]
Planning A Management Buyout If You Are Looking To Sellup
What Is Management Buyout? Management Buyout (MBO), as its name suggests, is nothing but a form of acquisition process under which either a large part or all of the company is bought or acquired by [...]
Private Residence Relief – Changes To The Ancillary Reliefs
What Is Private Residence Relief? As the name suggests, the private residence relief is nothing but a relief provided to the taxpayers by the government of United Kingdom that enable them to sell [...]
Undisclosed Overseas Income And Assets
In the United Kingdom, a fresh campaign was launched primarily to focus on overseas income and assets which remained undisclosed or under-disclosed to HMRC. Overseas assets do not mean assets or [...]
Will HMRC Accept Scanned Receipts for Business Expenses?
Many organisations and businesses in the United Kingdom are confused about whether they need to keep paper photocopies of all receipts, or will Her Majesty's Revenue and Customs (HMRC) agree to take [...]
Where Is Tax Paid For A UK Company With Foreign Directors?
Generally, foreign directors of UK companies visit UK for a short time and do not establish their tax residency status in UK. For ex – Business meetings. Some companies still remain in confusion [...]
Breaking News: Presenter Kaye Adams Wins IR35 Case Against HMRC
HMRC has faced another defeat after presenter Ms. Kaye Adams successfully appealed against a tax bill of £124k for her engagements with BBC between March 2015-2017. This is the fifth out of six cases [...]
Model Articles of Association For Limited Companies
Introduction About Model Articles of Association Model articles are the most commonly used articles by corporations in the United Kingdom, as these articles are applied by default to all [...]