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Finance & Accounting>Finance & Accounting

Amend your PSA for Covid-19 related benefits

A PAYE Settlement Agreement (PSA) enables an employer to meet the tax on certain benefits and expenses on the employee’s behalf. This can be useful …

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Finance & Accounting>Finance & Accounting

No retained profits – Can you extract cash to cover your living expenses?

If you operate through a limited company, for example as a personal or family company, you will need to extract funds from your company in …

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Finance & Accounting>Finance & Accounting

Obtain relief for pre-letting expenses

When starting a new property, rental period will usually be a preparatory phase during which expenses will be incurred. To what extent is relief available …

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Finance & Accounting>Finance & Accounting

Furnished holiday lettings

Furnished holiday lettings offer a number of tax advantages over longer lets. One of the key benefits is the availability of capital gains tax reliefs …

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Finance & Accounting>Finance & Accounting

Extracting profits from a property company

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 …

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Finance & Accounting>Finance & Accounting

Legal v illegal dividends

Changed business conditions in light of the Coronavirus pandemic have caused many companies to review their dividend policies not least because the company’s financial position …

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