As a money-making plan a friend has suggested lending some of your personal savings to your company. The idea is that it can pay you more interest than the bank does. It sounds interesting but are there troublesome tax consequences?
The government plans to demand quarterly or monthly tax payments from companies and individuals who pay tax through self-assessment. It won’t happen for at least two years. Have your say by responding to the consultation.
Special rules apply to directors’ NI contributions. Normally they go unnoticed, but in a year that has been many directors cut their salary this might result in too much NI being paid.
Oscar Fairchild responds to Chancellor Rishi Sunak’s 2021 Spring Budget
Postponed VAT accounting can help with cash flow, but what two key things must you do before you can use it?
In this handy guide, we share the steps businesses can take if they’re worried they’ll struggle to repay the Government’s BBLS or CBILS financial support
In this detailed guide, we look at the practical issues of MTD for businesses and business owners, especially those who are not used to keeping digital records or using bookkeeping or accounting software
New rules will apply from April 2021 to make the Construction Industry Scheme (CIS) tougher. As a contractor or subcontractor in the industry what do you need to know?