Nothing to Declare! Undeclared income is an area of lost revenue that HMRC has been keen to uncover, ploughing sizable resources into its e-marketplace initiative – a clampdown on online traders [...]
How to Benefit from Generous Tax Relief: Invest in EIS and SEIS The Enterprise Investment and Seed Enterprise Investment Schemes are similar, except that SEIS is specifically for investors who are [...]
Real Time Information (RTI): Important Guide and date of RTI Real Time Information, or RTI – are you on top of it? By 2016, every employer must make a Full Payment Submission (FPS) to HMRC each [...]
Should I charge interest on money I lend to my own limited company? The answer is very clear, if you lend money to your company, YES, you should definitely charge interest at the commercial [...]
Why Aren’t You Taking Advantage of R&D Tax Relief? Do you fancy being on the receiving end of fat tax relief for eligible expenditure towards research and development? Don’t just assume [...]
What Are the Five- and Ten-Hour Rule for Subsistence? Meal allowances are designed to meet the extra cost incurred by someone who is travelling to work away from their normal home-office or place [...]
The need to save for retirement is being drummed home by government, encouraging the entire working population to change its attitude toward saving for old age by offering incentives. Contractors and [...]
Great Tax Savings on Pension Plans for the Self-Employed and Contractors Pensions are one of a few remaining tax breaks available to contractors and freelancers, so if you can you should invest [...]
HMRC’s Upper Tribunal Case against Former Rangers FC: 1–0 to the Taxpayer! HMRC has lost the Upper Tribunal (UT) case over tax-free loans made to staff by the former Rangers FC through its [...]
What is auto-enrolment? To ensure people save enough money for their retirement in addition to the state pension, auto-enrolment into a workplace pension scheme was introduced by government to [...]