If it matters to you, then it matters to us.

The Law Society is concerned that if the present changes to LLP taxation are enshrined in the forthcoming Finance Act 2014, decisions will have to be made for tax, rather than commercial reasons.

For…

According to a recent CBI report UK companies rely too heavily on debt finance. It said that 50% of small and medium sized businesses used bank loans and more than one-third used overdrafts. Of the…

There is a situation where you might be advised to make an election to pay tax. It arises if you sell your company and accept payment in the form of shares (or certain types of loan notes) from the…

If you are self-employed, as a sole trader or in partnership, and if we assume that your business year end is 31 March, then the profits you earn in the year to 31 March 2014 will form the basis of…

Employers that provide a company car and pay for the employees’ private fuel create tax, NIC and administrative issues for both parties.

1. Employers will be liable for Class 1A National…

In a recent tax tribunal case a tax payer was denied Capital Gains Tax relief for the cost of improvements to a property as he could provide no evidence of his expenditure to the court.

The…

 1 February 2014 - Due date for Corporation Tax payable for the year ended 30 April 2013.

 19 February 2014 - PAYE and NIC deductions due for month ended 5 February 2014. (If you pay your…

The following information is reproduced from the GOV.UK website where you can get more information on this topic if required.

You can get small business rate relief if:

• you…

There has considerable press commentary during the last few weeks about a “copy-cat” website taxreturngateway.

 If you Google tax return gateway you will still be directed to https://secure.taxreturngateway.com,…