New tax rules may result in final distribution of funds on closure of a company being taxed as dividends instead … Read More
The Enterprise Investment Scheme (EIS) and the recently introduced Seed EIS provide generous tax breaks for investors who subscribe for … Read More
The tax free perks we see most often used by small business owners are pensions, child care vouchers, mobile phones, … Read More
HMRC are consulting on the implementation of new rules that will require public sector bodies to consider whether IR35 applies … Read More
For losses arising on or after 1 April 2017, when carried forward to future years the loss can be set … Read More
The corporation tax rate for all companies is set to fall from 20% currently, to 19% from 1 April 2017. … Read More
Broadly IR35 (the Intermediaries Legislation) requires personal service companies (usually single person company) to pay the director a salary of … Read More
As discussed in other posts, from 6 April 2016 dividends will attract an additional 7.5% tax on top of taxes … Read More
New rules come into force from 6 April 2016 which may increase tax on closure of a limited company after … Read More
Aside from opinions on the rights and wrongs of the Big Company Tax situations, we thought a few facts may … Read More