by admin | Nov 3, 2022 | Uncategorized
Company directors or any other person who has been appointed to a position by a company or organisation but doesn’t have a contract or receive regular payment as office holders are neither employees nor workers. Company directors who also...
by admin | Nov 3, 2022 | Uncategorized
Businesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and Machinery (P&M). The cash-flow benefit of accelerated tax relief is designed to encourage businesses to invest in capital items which help reduce their carbon...
by admin | Oct 27, 2022 | Uncategorized
HMRC is reminding parents that they may be eligible for Tax-Free Childcare (TFC) to help pay for October half-term holiday clubs and wraparound care during the school terms. The TFC scheme can help parents of children aged up to 11 years old (17 for those with certain...
by admin | Oct 27, 2022 | Uncategorized
A new VAT registration process known as the VAT Registration Service or VRS was made available to agents from 1 August 2022. The VRS had been in testing mode for the previous 18 months and was used by over 37,000 businesses to successfully register for VAT. One of the...
by admin | Oct 27, 2022 | Uncategorized
In general, there is no Capital Gains Tax (CGT) on a property which has been used as a main family residence. This relief from CGT is commonly known as private residence relief. However, there are grey areas which might result in CGT being due on the sale of a private...
