Companies in partnership
A Partnership is a relatively simple way for two or more legal persons to set up and run a business together with a view to profit. Partnerships can take many forms. Legal persons other than
Removing your home address from the public register
Company directors and other eligible people such as company secretaries, people with significant control (PSC) and LLP members can apply to remove their personal addresses from the UK’s official
Claiming tax relief for work related expenses
Employees who need to buy equipment to use as part of their employment may be able to claim tax relief based on the cost of the equipment acquired. In most cases you can claim tax relief on the full
Changes to duty free shopping
The government has published the new rules for duty free and tax free shopping that will come into effect from 1 January 2021. The changes are wide ranging.
For anyone who smokes or drinks there will
Venues required to record contact details
It has become a requirement for premises and venues across England to have a system in place to record contact details of their customers, visitors and staff. This move is intended to help trace
Tax Diary October/November 2020
1 October 2020 – Due date for Corporation Tax due for the year ended 31 December 2019.
19 October 2020 – PAYE and NIC deductions due for month ended 5 October 2020. (If you pay your tax
Where is the silver lining?
It is really difficult to maintain a sense of equilibrium and optimism in these difficult times. Even if you can embrace the notion that everything changes, and they do, the present restrictions on
Mothballing your business assets
Mothballing as used in a business sense is usually defined as to stop using a piece of equipment or process, and then storing and preserving mothballed assets for later use.
Many business owners are
The private pensions’ annual allowance
The annual allowance for tax relief on pensions has been fixed at £40,000 since 6 April 2014. The annual allowance is further reduced for high earners. Since 6 April 2020, the tapered annual allowance
Carry Corporation Tax losses back
Corporation Tax relief may be available where your company or organisation makes a trading loss. The loss may be used to claim relief from Corporation Tax by offsetting the loss against other gains or
