Helpful information on income and corporation tax relief when deciding to shut down a business

Terminal loss relief Sadly, not all businesses will survive the Covid-19 pandemic, and many may take, or be forced to take, the decision to close where losses make the business…

Continue Reading Helpful information on income and corporation tax relief when deciding to shut down a business

Property Business – What SIC code should I use for my property Company ?

A SIC code stands for Standard Industrial Classification code, and classifies your business activity at Companies House. SIC code for a company can be changed at any time and be…

Continue Reading Property Business – What SIC code should I use for my property Company ?

Salary v dividend for 2019/20

A popular profits extraction strategy for personal and family companies is to extract a small salary, taking further profits as dividends. Where this strategy is pursued for 2019/20, what level…

Continue Reading Salary v dividend for 2019/20