Director/shareholders have a unique position with their companies for tax purposes. Usually, they can decide when and how to withdraw funds from their business, but these withdrawals can have unforeseen tax effects.
The threshold for when the annual pension allowance of £40,000 is reduced has changed since April 2020
Over a year has passed since the implementation of Making Tax Digital for VAT for businesses who are VAT registered with a turnover above the VAT threshold. Although there have…
If your business is located in England and in an area designated for local lockdown, then you may be eligible to receive a new support grant announced 9 September 2020.
Guidance from HMRC has now been issued that aims to clarify if claimants of the Self Employed Income Support Scheme grants pass the “Adversely Affected” test. A troublesome aspect of…
Can you benefit from this?
