Running A Car On The Company – Benefit In Kind, Car Allowance, Company Fuel Cards
Despite successive Governments changing the rules to increase the tax take, the provision of company cars remains one of the more popular…
Continue readingDespite successive Governments changing the rules to increase the tax take, the provision of company cars remains one of the more popular…
Continue readingA partnership can be either an ordinary partnership or a limited liability partnership (LLP); both forms comprise more than two people setting…
Continue readingA popular profit extraction strategy for shareholders in personal and family companies is to pay a small salary and to extract further…
Continue readingThe Construction Industry Scheme (CIS) is a scheme whereby contractors of building firms are required to deduct tax at source from payments…
Continue readingThe annual tax on enveloped dwellings (ATED) is payable where high value residential property is held within an ‘envelope’, such as a…
Continue readingThe residence nil rate band (RNRB) is an additional nil rate band that is available for inheritance tax purposes when a main…
Continue readingStamp Duty Land Tax (SDLT) is payable where property is acquired in England and Northern Ireland. Land and Building Transaction Tax (LBTT)…
Continue readingThe financial impact of the Covid-19 pandemic is unprecedented and borrowing levels in 2020/21 of 16.9% of GDP represent the highest level…
Continue readingThe Self-Employment Income Support Scheme (SEISS) has provided grant support for self-employed individuals whose business has been adversely affected by the Covid-19…
Continue readingTo encourage companies to invest, enhanced capital allowances are available for expenditure incurred within a limited two-year window. As an alternative to…
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