News

Using your own car in your property business

December 2020

Using your own car in your property business A landlord running an incorporated business is likely to need to use their own…

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News

Letting a property at less than market rent

December 2020

Letting a property at less than market rent This year has been difficult for many and landlords may not have been able…

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Grants for businesses affected by national restrictions

December 2020

Many businesses have been forced to close as a result of the national and local restrictions introduced to slow the spread of Coronavirus…

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Have you got your EORI number?

December 2020

From 1 January 2021, you will need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britai…

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Postponed VAT accounting from 1 January 2021

December 2020

The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these…

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Should I reduce my payments on account?

December 2020

The deadline for filing your 2019/20 tax return is fast approaching, as is the due date for the first payment on account for 2020/21. Now…

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Utilise the trivial benefits exemption to provide tax-free Xmas gifts

December 2020

The Covid-19 pandemic has placed the office Christmas party firmly off the menu this year. Regardless of what restrictions are in place o…

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Tax relief on business loans

December 2020

Interest paid on loans used for qualifying businesses purposes should be eligible tax relief and can save up to 45% of the cost of the in…

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Make the most of your spare time

December 2020

In the current economic climate, many people are looking for ways to increase household income. The trading allowance may be particularly…

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Tax efficient remuneration using pension contributions

December 2020

Despite on-going speculation that the government will intervene at some point, for now, making contributions into a pension scheme contin…

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