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Finance & Accounting>Finance & Accounting

CGT or IHT

Sometimes there is a choice of which tax to pay and where a person owns an investment property, they may be able to exercise a

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Finance & Accounting>Finance & Accounting

Should I change my accounting date?

In preparation of the introduction of MTD for income tax, which comes into effect from 6 April 2024 for unincorporated businesses and landlords with trading

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Finance & Accounting>Finance & Accounting

Distributions on cessation of a company

Companies cease for various reasons, some closing for the personal reasons of their directors or shareholders, rather than being forced to close by creditors.  Many

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Finance & Accounting>Finance & Accounting

‘Trivial benefits’ – PAYE

Legislation surrounding ‘Trivial Benefits’ was introduced to save employers from having to report relatively small amounts given to employees as taxable on a form P11D. 

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Finance & Accounting>Finance & Accounting

Relief for pre-trading expenses

When you start a business, you will need to incur costs before you are able to start trading. Did you know that you are able

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Finance & Accounting>Finance & Accounting

Use simplified expenses to save work

A lot of time and paperwork can be saved by claiming expenses using the simplified rates, rather than recording and deducting actual costs. However, if

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