How to avoid penalties for dormant companies For dormant companies HMRC expects accounts and tax returns to be submitted and … Read More
Capital gains tax entrepreneurs’ relief provides for a 10% rate on the disposal of a business, including a sole trade … Read More
Legislation in the Finance Bill 2014 proposes to amend the UK VAT legislation on prompt payment discounts so that it … Read More
Due dates for May 2014 are as follows:- 1 May – Corporation tax for year to 31 July 2013. 19 … Read More
An illustration of the differences between investing into an ISA and into a pension fund. A taxpayer invests £10,000 into … Read More
HMRC has launched a further campaign targeting tax evasion from workers with second incomes. This income could arise from one … Read More
Moving money into new ISA accounts can count towards the annual limit for ISA investments. Action: when moving money between … Read More
It is possible for van drivers to take their vans home each night and still not be subject to a … Read More
The monthly save-as-you-earn limit (SAYE) was increased from 6 April 2014 from £250 to £500.
The Seed EIS (Enterprise Investment Scheme) was introduced in 2012/13 to provide tax relief for individuals investing in small start-up … Read More