Do I need a holding company?
Date posted: 24th May 2022
We are being asked by many clients whether they need a holding company. The answer is mostly always “it depends”. Whilst a holding/parent company that is virtually inactive…
Date posted: 24th May 2022
We are being asked by many clients whether they need a holding company. The answer is mostly always “it depends”. Whilst a holding/parent company that is virtually inactive…
Date posted: 24th May 2022
If an employer provides a benefit to an employee (company car, private medical, gym membership etc.), then it is usually the case that such benefits are declared on…
Date posted: 24th May 2022
If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax relief for those expenses. Relief is…
Date posted: 24th May 2022
Cryptocurrencies, such as Bitcoin, are a type of electronic cash; designed to stand apart from any government or bank they work through a computer network. Records confirming Individual ownership of the…
Date posted: 24th May 2022
If you are waiting for a tax refund as a result of an R&D claim, then you should be aware that HMRC have stopped the payments of some…
Date posted: 28th Apr 2022
Corporation tax is being reformed and companies with profits of more than £50,000 will pay corporation tax at a higher rate than they do now. While the changes…
Date posted: 28th Apr 2022
Under Making Tax Digital (MTD) for VAT, VAT-registered traders must keep electronic records and file their VAT returns electronically using software that is compatible with MTD for VAT….
Date posted: 28th Apr 2022
Private residence relief reduces a tax charge from arising if there is a capital gain when a person sells a property that has been their only or main…
Date posted: 28th Apr 2022
Employers who provided their employees with taxable expenses and benefits in 2021/22 need to report these to HMRC by 6 July 2022, unless they have been payrolled or…
Date posted: 28th Apr 2022
As people are taxed individually, property income must be allocated, to each individual, in order to work out the tax that each joint owner is liable to pay….
