Advice

Browse 230 Advice about Tax

Search Insights:

Browse content types:

5 Key Advantages to Outsourcing Accounting Services 5 Dec 2023 Bookkeeping, Tax - There is a wide range of benefits to seeking support from a third-party firm.
Reporting payment to HMRC if you pay your employees early in December 4 Dec 2023 Employment, Tax - Strict reporting deadlines apply under Real Time Information (RTI).
Section 455 tax 4 Dec 2023 Tax - The rate of section 455 tax is linked to the dividend higher rate and is 33.75% in respect of loans made on or after 6 April 2022.
Depreciation vs Capital Allowances 4 Dec 2023 Tax - Due to the differences between depreciation and capital allowances, it is necessary to adjust the accounting profit to arrive at the taxable profit.
Submit your tax return before 30 December when using PAYE 4 Dec 2023 Employment, Tax - If you owe tax and you want to have it collected through PAYE via an adjustment to your tax code, you will need to file your tax return earlier.
PAYE settlement agreements – how do you set one up? 4 Dec 2023 Employment, Tax - By entering into this PAYE arrangement, the employer agrees to settle the tax on the employee’s behalf by one annual submission and payment to HMRC.
Disincorporation – when & how? 4 Dec 2023 Policy, Strategy, Tax - Disincorporation involves the transfer of the assets and liabilities to the shareholders.
Associated company rules post-1 April 2023 24 Nov 2023 Tax - The associated company rules prevent a company from splitting or fragmenting its activities and benefitting from the lower small profits rate.
What is the Difference Between an Asset Sale and a Share Sale? 21 Nov 2023 Exit, Strategy, Tax, Valuation - The main difference between an asset sale and a share sale is that in a share sale, the buyer will acquire all the company’s responsibilities.
Exceeding VAT registration threshold temporarily? 3 Nov 2023 Tax - Most business owners know that VAT registration is a legal requirement should total taxable turnover for the previous 12 months exceed £85,000 or turnover is expected to exceed £85,000 in the next 30 days.
Get your overlap relief figure 3 Nov 2023 Tax - You may be able to make a claim for overlap relief if you meet several conditions.
Relief for pre-trading expenses 3 Nov 2023 Tax - Relief is only available to the person who incurred the expenditure and commenced the trade.