Reclaiming section 455 tax paid
In personal and family companies, directors often borrow money from the company as this is a cheaper and easier option than taking out a commercial …
In personal and family companies, directors often borrow money from the company as this is a cheaper and easier option than taking out a commercial …
Although the deadline for submitting your 2022/23 tax return online is midnight on 31 January 2024, if you owe tax and you want to have …
The Chancellor of the Exchequer has delivered his Autumn Statement 2023 to Parliament. The Treasury news story ‘Chancellor backs business and rewards workers to get …
The issue of whether a derelict a residential property and liable to stamp duty land tax (SDLT) at the residential rates was considered by the …
Letting holiday properties, particularly in coastal resorts, may have a strong seasonal bias, and when business is slow during the off-season, it can be tempting …
Landlords coming to the end of their fixed rate mortgage deal are likely to be paying considerably more in interest when they remortgage. The extent …
Making any employee redundant is a difficult decision and potentially distressing for all involved. Getting the process wrong could result in one or more employment …
It is eight years since companies had to deal with two tax rates and marginal relief when calculating their corporation tax liability. That system has …
Most business owners know that VAT registration is a legal requirement should total taxable turnover for the previous 12 months exceed £85,000 or turnover is …
In setting up a trade it is inevitable that expenses will be incurred before the trade actually commences. Expenses may be incurred on acquiring premises …
If you have unrelieved overlap profits, you will not be able to claim relief for those profits after 2023/24. Overlap profits are profits that have …
HMRC are sending one-to-many ‘nudge’ letters to taxpayers who included an invalid claim for gift hold-over relief in their 2021/22 tax return. This may be …