Many businesses view entertaining clients and customers to be an important part of their marketing budgets, whether as a networking opportunity, a thank you for
The registrar of companies has the power to strike a company off a register if the registrar has reasonable cause to believe that the company
In a private limited company, it is usual for a director to also be a shareholder. Payments made to shareholders are deemed to be income
Where a landlord runs an unincorporated property business, the profits from that business are charged to income tax. Where the business is carried on through
Under the PAYE ‘Real Time Information’ scheme employers report to HMRC electronicallybefore making any salary or wage payments. To ensure that the right amount of
Companies Limited by Guarantee (CLG) are private companies that do not have shares orshareholders but instead have members called ‘guarantors’. The members agree to contributea
The annual investment allowance (AIA) allows you to claim an immediate deduction against your profits for qualifying capital expenditure up to the available limit. The
The vast majority of businesses pay their tax bills on time however, any that are finding it hard to make payment in full and/or on
Multiple dwellings relief’ (MDR) allows a rate to be charged at the percentage payable on the ‘average value’ price (referred to as the ‘Average Value
Multiple dwellings relief’ (MDR) allows a rate to be charged at the percentage payable on the ‘average value’ price (referred to as the ‘Average Value
Running a property business through a limited company rather than as an unincorporated business may be an attractive proposition; at 19% the rate of corporation
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
Copyright © 2023 Pro-Taxman. All rights Reserved.
