EXTRACTING PROFIT FROM THE FAMILY COMPANY
Now is a good time for shareholder/ directors to review the salary and dividend mix for the current tax year (2019-20).
MANAGING IN UNCERTAIN TIMES
Planning is the key to your business’ success and is even more important in uncertain times.
THE IMPORTANCE OF GOOD CORPORATE GOVERNANCE
Good governance helps you and your business to manage risk and doesn’t only apply to large listed companies – it’s a must for SME’s as well.
HOW TO RAISE YOUR PRICES WITHOUT LOSING CUSTOMERS
The cost of running a business goes up every year, but when was the last time you increased your prices?
PERSONAL SERVICE COMPANY CHANGES FROM APRIL 2020
The government are making tax and national insurance changes that will impact on those supplying their services through personal service companies with effect from April 2020.
ENTREPRENEURS’ RELIEF CHANGE FOR SHAREHOLDERS
Important changes to CGT entrepreneurs’ relief have been made regarding the definition of “personal company” so that fewer shareholders will be denied the relief when they dispose of their shares.
CORPORATION TAX RELIEF BACK FOR ACQUIRED GOODWILL
With effect from 1 April 2019 corporation tax relief for acquired goodwill on the acquisition of businesses with eligible intellectual property has been re-introduced.
CHANGES TO INHERITANCE TAX - PASSING ON THE FAMILY HOME
The new inheritance tax rules for passing on the family home started on 6 April 2017.
CAPITAL ALLOWANCES ARE CHANGING
Important changes to capital allowances affecting Annual Investment Allowance, commercial buildings and the annual allowance on high CO2 cars and assets in the special rate pool.
Monthly tax newsletters
Follow the link to our tax newsletter archive. Each newsletter contains a monthly tax update including diary of main upcoming tax events
Monthly newswires
This link takes you to our archive on monthly newswires. Each monthly newswire contains updates on a range of business topics of general interest.
Current tax rates and allowances
For up to date income tax rates and allowances follow the link below which takes you to the official HMRC website.
Company information and filing
This link takes you to the official Companies House website for up to date company information and official guidance on starting and running a company including document filing.
The Pensions Regulator
This link takes you to the official website of The Pensions Regulator. Whether you're an employer or employee, this site contains all the detailed information you need.
Employees can check their entitlements and employers can check they are up to date with current compliance and work place pensions obligations