More time to pay back deferred VAT and tax
More time to pay back deferred VAT and tax At the start of the pandemic, VAT registered businesses were given the option…
Continue readingMore time to pay back deferred VAT and tax At the start of the pandemic, VAT registered businesses were given the option…
Continue readingTax implications of making loans to directors Where a family company has cash in the bank but profits have been adversely affected…
Continue readingWinding up a business The decision of how and when to cease a business is usually prompted by a combination of three…
Continue readingProperty transaction charges reduced In his Economic statement on 8 July 2020, Chancellor Rishi Sunak highlighted that property transactions fell by more…
Continue readingPaying for school fees In the UK, paying for education affects many parents and their student offspring at some point. Thousands are…
Continue readingTax implications of providing PPE to employees The Covid-19 pandemic has seen many employees being required to wear personal protective equipment (PPE)…
Continue readingExtracting income from a family company with no retained profits The Covid-19 pandemic has had an adverse effect on millions of family…
Continue readingMaintaining your NIC contributions record during Covid-19 The Covid-19 pandemic has meant that many people will suffer a reduction in income in…
Continue readingTemporary cut in SDLT – Who benefits? To boost confidence in the property market and to maintain the momentum that has been…
Continue readingSelling the buy-to-let property at a loss The Covid-19 pandemic has caused financial hardship for many and the need to release funds…
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