James provides clarity around the latest HMRC one-to-many campaign which could impact your corporate tax position.
Tax (Corporate)
Why does the £10,000 threshold matter for a Director’s Loan?
Rob explains what a Director’s loan is and why the £10,000 threshold matters in relation to paying tax and reporting it on your P11D
What is the best software for Making Tax Digital?
We recommend businesses use accounting software such as Xero for many reasons including it’s compliance with HRMC’s Making Tax Digital regulations.
Is your business structure set up optimally?
James gives examples of the kinds of restructure that we help clients with, explaining why you should not wait until you are looking to exit before considering your options.
Patent Box – Relief for protecting your IP
With Corporation Tax now at 25%, this relief is now more popular than ever, but how does it work and does it make the costs of obtaining patents worthwhile?
Use of Home Agreement may save you tax if you are a director of a Ltd company
Joe explains you could save over £1,000 per year, compared to paying yourself the same amount in way of salary or dividends.
Outdated information prompted a debate about R&D Tax Relief – what are the facts?
R&D Tax Relief suddenly surfaced in the news and media channels yesterday and it seems to have sparked quite a…
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Autumn Statement round-up: MTD for ITSA
Rachel explains the changes to Making Tax Digital for Income Tax Self Assessment which have been announced today.
Autumn Statement round-up: Business Tax
James provides a summary of the business tax announcements covering R&D Tax Relief and Expensing.
Is a salary or dividend best for director/shareholders?
The introduction of higher corporation tax rates for company profits over £50,000 may impact the advice given.
Merger of R&D Tax Relief schemes likely to go ahead
James explains how the government have issued draft legislation for consultation on the proposal to merge the two forms of corporation tax relief for expenditure on R&D.
HMRC have raised interest rates again as the base rate has increased
Rob gives a reminder of the changes which came into effect on 11 July 2023.
R&D Tax Relief – New claims processes explained
James explains the new process requirements for filing R&D claims effective this month.
You don’t know what you don’t know!
Shaun explains the areas he explores to ensure businesses are getting the most out of their accountant.
R&D Tax Relief – HMRC enquiry activity
In the second of a series of three articles on R&D, James discusses the current volume compliance approach being utilised by HMRC.
R&D Tax Relief – Reform of reliefs (part 1)
In the first of a series of three articles on R&D, James discusses recent changes to the reliefs.
Associated companies – can my company benefit from the small company Corporation Tax rate?
For the first time in 8 years we have returned to a system of two rates of Corporation Tax– but what does this mean?
What can I claim for business use of home?
Directors can claim the standard use of home allowance but this is rarely a true reflection of the costs incurred. Joe explains the use of home agreement.
Start-up electric bike business have our experts on hand to support their growth journey
By understanding the business and its goals from the outset, Shaun explains how he has been able to bring in the right expert at the right time to help EDEMO Electric Bikes manage their rapid growth.
What happens if you don’t pay VAT on time?
Commencing with periods beginning with 1 January 2023, HMRC have introduced a new penalty and interest regime for VAT returns and payments.