May. 17, 2024
Corporate Tax
February 17, 2023
How do you prepare a company for sale?
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Preparing your business for sale will ensure a smoother sales process and increase the value of your business. There is no doubt that early preparation is key.
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November 30, 2022
The marshmallow paradox – VAT or no VAT?
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The biggest marshmallows are in fact VAT free. The intricacies of VAT continue to delight or inflame, with marshmallows the latest food product to come under the spotlight. The outcome
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November 18, 2022
Autumn Statement 2022
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The Chancellor, Jeremy Hunt, was faced with a challenging economic backdrop to his first major set piece, grappling with a combination of over 11% inflation, an official recession and the
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November 17, 2022
Autumn Budget Statement 2022
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As we all know, the Chancellor, Jeremy Hunt, was faced with a challenging economic backdrop to his first major set piece, grappling with a combination of over 11% inflation, an
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November 9, 2022
Dividends vs remuneration: the corporation tax quandary
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For owner-managed companies, bonuses, dividends and remuneration will become yet more complex in the new tax year. With the corporation tax increase and dividend rates now confirmed by the Government,
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October 26, 2022
Six-fold increase on late payment interest rates
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HMRC late payment interest rates have now been raised six times during 2022 – from 2.6% at the start of the year to a current rate of 4.25%. However, at
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October 26, 2022
Making Tax Digital: avoiding VAT penalties
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From 1 November 2022, VAT-registered businesses that do not yet comply with the Making Tax Digital (MTD) requirements will face penalties. Businesses should also be aware of the new VAT
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October 25, 2022
Update to Direct Debits for PAYE
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HMRC have recently published in their August Employer Bulletin that direct debits for PAYE can now be set up to link to your RTI submissions, CIS, P11ds and amended prior
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October 19, 2022
Getting in touch: HMRC’s new email facility
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Although there is no general facility to contact HMRC by email, it is slowly moving into the 21st century by providing the option to receive an email response. But of
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October 10, 2022
Research & Development Tax Credits – HMRC’s latest move of the ‘goal-posts’
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HMRC released their latest amendments to the Research & Development Tax Credits scheme in July, via the draft Finance Bill 2022-23. These changes affect both the Small or Medium Enterprise
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September 28, 2022
R&D tax relief reforms on the cards
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New reforms will affect companies claiming tax relief or credits on research and development (R&D) expenditure for accounting periods beginning on or after 1 April 2023. Currently, R&D tax relief
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June 28, 2022
Using excess cash in your business
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There are different options available to using excess cash in the business but how you do this will depend on whether your goal is business growth, increased personal wealth or business exit.
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