The First-tier Tribunal (FTT) has considered whether a taxpayer had a reasonable excuse for filing his tax returns late. While the issue was not unusual, the FTT’s ruling was. How might its decision help you reduce a late filing penalty?
*NEW* Build-A-Group – Essex’s FREE Construction Networking Event. Join us on Friday 20th August for our free open-house business networking event at Billerciay Football Stadium.
Your accountant has suggested transferring your business to a limited company to save tax and NI, are there any steps you can take to make the transfer even more tax efficient?
Last year our client’s premises suffered extensive structural damage. The insurer compensated him before the repairs were made. If he doesn’t use all the money will he have to pay tax on it?
Coronavirus has played havoc with dividends as a profit extraction method for owner managers of some companies and may have put them at a tax disadvantage for some time to come. How might a similar situation be avoided in future?
The “super-deduction” is a new tax incentive for businesses to purchase equipment. The qualifying conditions have now been relaxed to allow the tax break for some previously excluded items. What’s the full story?
There are some exciting changes taking place at Oscar Fairchild. As part of our constant focus on client care we’re thrilled to share that we’re joining forces with highly respected London accountancy firm, The Eazitax Group.
A few of your employees have expressed an interest in the cycle-to-work tax break and with summer not far away you’re also tempted. However, there seems to be a mountain of literature to plough through. Is there a simple option?