Make the most of the dividend allowance
The 2020/21 tax year comes to an end on 5 April 2021. The last few months of the year are a good time to undertake
The 2020/21 tax year comes to an end on 5 April 2021. The last few months of the year are a good time to undertake
The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021. If you miss this deadline, you will automatically receive a
There are two nil rates bands for inheritance tax – the nil rate band of £325,000 and the Residence Nil Rate Band, set at £175,000
A limited liability partnership (LLP) can be used for a property business and offers some advantages over unincorporated businesses and limited liability companies. A property
Although it is possible to transfer assets between spouses at a value that gives rise to neither a gain nor a loss, giving a property
When it was first introduced in 2000, the Enterprise Management Incentive (EMI) scheme had an initial life expectancy of around five years, but arrangements proved
The government is currently undertaking a fundamental review of the current business rates system, including ideas for possible change and a number of alternative taxes.
Repayment of student loans is a shared responsibility between the Student Loans Company (SLC) and HMRC. Employers have an obligation to deduct student loan repayments
The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these
The deadline for filing your 2019/20 tax return is fast approaching, as is the due date for the first payment on account for 2020/21. Now
The Covid-19 pandemic has placed the office Christmas party firmly off the menu this year. Regardless of what restrictions are in place over the Christmas
This year has been difficult for many and landlords may not have been able to secure the full market rent for a property. Landlords may
A landlord running an incorporated business is likely to need to use their own car for the purposes of the business. Where this is the
Hard on the heels of a series of local lockdowns, England entered into a second national lockdown from 5 November 2020 to 2 December 2020.
Where a family company has cash in the bank but profits have been adversely affected by the pandemic, directors of a family company may wish
Following the Prime Minister’s announcement that England will enter a national lockdown from 5 November 2020 to 2 December 2020, the Coronavirus Job Retention Scheme,
Small business accountant – Why do you need an accountant? How to choose a small business accountant? Where should you start? We hope that this
Over the past ten years, various steps have been taken to improve the effectiveness of the off-payroll (IR35) rules, with limited success. In April 2017
An income tax charge will generally arise where an employee, or a family member, is able to use a work’s van for private use. This
Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still celebrate Christmas in tax-free style – even it
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