18 Jan 2021

Importing goods from the EU: Postponed VAT accounting (PVA)

This article focuses on GB businesses (England, Wales & Scotland) importing goods from EU businesses (B2B).
Brexit

14 Jan 2021

VAT changes post Brexit: Retail and E-commerce Sellers

Since leaving the EU, businesses in the United Kingdom and Northern Ireland now face some new procedures surrounding VAT.
Brexit

12 Jan 2021

Directors’ loans - is indirect borrowing taxable?

The directors’ loan tax charge can apply to money lent to a partnership or its partners where the director shareholder of the lending company is also a member of the partnership. There are a few exceptions, for example, it doesn’t apply to trade credit arrangements.
Coporation tax, Directors’ loan

11 Jan 2021

Time to switch dividends for company pension contributions?

As a rule of thumb, dividends are the most tax-efficient way to extract profit from your company. However, company and personal circumstances can change that. Are pension contributions worth considering too?
Personal tax

01 Dec 2020

Capital gains tax changes self-assessment taxpayers need to know

HMRC is reminding taxpayers that they have until 31 January 2021 to declare any profit made from selling a UK residential property, which was not their main home, during the 2019-20 financial year.
Capital gains tax

01 Dec 2020

R&D tax relief change - R&D tax claim limited to 3 times PAYE & NIC liabilities

The new measures will be included in Finance Bill 2021 and will apply to accounting periods beginning on or after 1 April 2021.
R&D tax relief, Business tax relief

20 Nov 2020

Tax-Free Benefits in Kind

Some benefits in kind can be provided tax-free to the employee, but the optional remuneration arrangements still need to be considered in some cases.
Benefits

20 Nov 2020

Let Property Campaign

The Let Property Campaign gives you an opportunity to bring your tax affairs up to date if you’re an individual landlord letting out residential property in the UK or abroad and to get the best possible terms to pay the tax you owe.
Property Income

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