When running a business, you may start out using gut instinct and some quick checks to keep an eye on how your business is performing. But as your business grows, using such unstructured checks [...]
There are several tax issues directors need to consider when building or purchasing a garden office through a limited company. In this blog, we will discuss the tax implications for those running [...]
Coronavirus pandemic has affected economies all over the world and UK is one of them. Many people have lost their jobs in this pandemic and the numbers are growing day by day. In order to recover from [...]
Introduction Income Tax Pensions Annual investment limits National Insurance Contributions Vehicle Benefits Tax-free mileage allowances Capital Gains Tax Corporation Tax Main [...]
Gifting or rewarding of shares is good source of motivation and helps employees to participate in the growth of the company. Shares can be rewarded to employees for remuneration of services, as a [...]
Shares are often offered by the employers to their employees to motivate and retain them in the organisation. There are various factors and pitfalls which an employer needs to consider before offering [...]
R&D tax relief was Introduced in 2000 by the UK government to encourage advancements in science & technology within United Kingdom and can be a valuable source of funding for companies involved in [...]
When you start your own company as a contractor, you are liable to pay various business taxes. It is important that you must possess good knowledge about the various taxes which you need to pay as a [...]
The Stamp Duty and Land Tax (SDLT) rules have become increasingly complex over the years. This often results in overpayment of the duty and the buyer could apply to claim refund from HMRC if they are [...]
From 6th April 2020, important changes have been made to the deadline for filing and paying Capital Gains Tax (CGT) on disposal of residential properties. It is applicable to both UK and non-UK [...]