Optimum Directors Salary
on 20 April 2023
with No Comments
Companies that can pay dividends to directors will often prefer to pay a smaller salary and top up with dividends. … Read More
Budget 2023 Carbon Capture
on 15 March 2023
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Government says: “The government will also provide up to £20 billion funding for early deployment of Carbon Capture, Usage and … Read More
Budget 2023 Pensions – Increase in annual allowance and abolition of lifetime allowance
on 15 March 2023
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The maximum an individual can invest in pensions, whether personally or from employer or both, has been £40,000 per tax … Read More
Budget 2023 Corporation Tax Increase – Effect on green sector organisations
on 15 March 2023
with No Comments
Social enterprises, not-for-profit companies, and sustainable sector businesses pay the same rate of corporation tax as not-so-social-or-sustainable companies. The rate … Read More
Cycle to work scheme – working from home
on 15 March 2023
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There is a general requirement for cycle to work scheme bikes and equipment to be used mainly for commuting or … Read More
VAT on rental income and related expenditure
on 11 January 2023
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If you charge a rent on commercial property you should only add VAT if you have made an “option to … Read More
HMRC App
on 3 January 2023
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As part of good finance housekeeping we recommend that directors install the HMRC app on your phone. You should use … Read More
VAT Flat Rate Scheme
on 26 October 2022
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HMRC have issued a new version of the flat rate scheme notice. Some important points about the flat rate scheme … Read More
Non-taxable scholarships
on 28 January 2022
with No Comments
Please can I have a tax free scholarship instead of a salary that is subject to tax and national insurance … Read More
Foreign Contracting Arrangements
on 18 November 2021
with No Comments
Mutuality, substitution and control are UK characteristics of employment, from case law. These are not likely to be relevant in … Read More