Is investing in share capital rather than a loan to the directors' current account more tax efficient? Since 2008, investing money in the form of shares rather than loaning money to the company [...]
Why did the Chancellor lower the tax-relief for buy-to-let investors and is it still tax efficient to invest in buy-to-let property? Buy-to-let investors are able to claim tax relief on their [...]
The Chancellor’s Budget Statement Rests Mainly on Economic Security This is the chancellor’s seventh budget announcement but his first as Chancellor of a conservative majority government. While [...]
Guide on Automatic enrolment for employers National Workplace Pensions Are Coming Soon, Ready or Not So far, in the first quarter of 2015, 192 ‘fixed penalty’ notices of £400 apiece have [...]
Who is Eligible to Appeal the Penalty for a Business Partnership’s Late Tax Return? The recent case of the student Jack Dyson, whose appeal against an HMRC penalty was heard at a Tribunal raises [...]
Directors can get up to £30,000 as a tax free statutory redundancy payment providing that they are also an employee of the company. To qualify as an employee of the company, you must have a CONTRACT [...]
Beware of Fraud of Getty Images if you are using pictures or images for Website or Brochure In order to market your business effectively you probably publish images on your website, in online [...]
If you receive a Settlement Demand letter from Getty Images asking for payment for using unlicensed image(s) on your website you should take it seriously but don't panic. The company has a very large [...]
What are ISAs? An Individual Saving Account (ISA) is a tax-free way to invest or save and it qualifies for a favorable tax status and payments into this account are made from after-tax income. UK [...]
Is the final budget of the current parliament just a lot of electioneering with a couple of sweeteners thrown in for good measure for SMEs, hard-working taxpayers, pensioners and savers? Income [...]