The ‘Section 455 Charge’
For accounting purposes, cash transactions between a director and a personal or family company are recorded through the director’s loan account. At the end […]
Make the most of Tax Efficient Savings Offers
As the end of the current tax year approaches, it is worthwhile making a check to ensure that the various tax-efficient savings opportunities have […]
HMRC Launch Making Tax Digital Campaign
According to recent research undertaken by the Institute of Chartered Accountants in England and Wales (ICAEW), over 40% of businesses that will be affected […]
SDLT on Second Homes
Stamp Duty Land Tax (SDLT) is payable on the purchase of residential property in increasing portions of the property price above £125,000. Current rates […]
Spotlight On Tax Avoidance Schemes
HMRC have published Spotlight 31: change of date for withdrawal of transitional relief on investment growth, which covers the extension of the date of withdrawal […]