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- Top 3 advantages and disadvantages of ‘going Limited’
- ...your circumstances. A company can save you money if you intend to retain profits in the company. You are able to treat the company as a tax-efficient “piggy-bank”, taking money...
- Travel costs and Actors
- ...rehearse Maintain the books and records of your business Respond to fanmail In recent tax cases, HMRC have tried to disallow any home to work travel (commuting). The circumstance in...
- Landlords: Tax by a Thousand Cuts
- ...duty surcharge on the purchase of additional residential properties. This will also apply to properties purchased via a limited company. Landlords with residential properties held in limited companies will also...
- November 2015 Key Deadlines
- ...being late with payments and deadlines to avoid penalties and fines and missed opportunities. 1 November 2015 Corporation tax due for Company accounts year ended 31 January 2015 2 November...
- Will I get investigated by HMRC?
- ...don’t know for sure – HMRC keep the exact details of selection to themselves. Risk – the HMRC computers will pick up returns for investigation that they feel are particularly...
- March 2016 Key Deadlines
- ...2016 is payable by this date 31 March 2016 Last minute Planning for tax year 2015/2016 Issuing additional dividends from owner managed companies Utilising your ISA Investment limits Making additional...
- Should I Incorporate My Property Business? Part II
- Tax planning, or “the benefit of hindsight” When a landlord asks, “Should I incorporate?” we need to really examine the deeper meaning behind that question. Invariably, the landlord is asking...
- The Jonathan Ford & Co Advent Calendar – Day 24
- ...You’re the new owner and chief executive of Christmas Limited, a premium quality delivery service. Amongst your staff of elves and reindeer is one human employee, Santa Claus. Apart from...
- Companies House filing extensions due to COVID-19
- ...likes of year end accounts and confirmation statements. The public record is being updated and all newly extended filing deadlines can be found on Companies House. For example, accounts to...
- Writers’ Withholding Tax: Why Bother?
- ...if the rate of withholding tax is lower than the UK tax you’ll pay? For example, Germany have a rate of withholding tax of 15.825%. A UK basic tax rate...