Tax

company vans
Tax Charge on Company Vans
An employee may be provided with a company van to enable them to do their...
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Defer VAT
Defer VAT During the COVID-19 Pandemic
To help businesses struggling with their cashflow during the COVID-19 pandemic, VAT registered businesses can...
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tax efficient savings
Tax-Efficient Savings for all the Family
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Although interest rates remain low, there are still various tax-efficient savings incentives available which may...
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director salary
Profit Extraction in 2020/21 – What is the Optimal Salary?
A popular tax-efficient profit extraction strategy used by personal and family companies is to take...
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New NIC Thresholds
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The NIC rates and thresholds had been announced in advance of the Budget on 11...
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Tax Demanded For Earlier Years
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HMRC can correct income tax returns for obvious errors or omissions within nine months of...
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Pay Capital Gains Tax in 30 Days
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If you are planning to sell a residential property this year be prepared to pay...
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VAT on Letting Land
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Letting land and property is normally exempt from VAT unless the landlord of a non-residential...
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Loan Charge Action
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If you received loans in place of your salary and did not fully repay those...
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Corporation Tax Penalties
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Even if your business is in spin you should not neglect your company's accounts and...
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