Capital Allowances: Full Expensing and 50% FYA
Who can claim Capital Allowance and what is it? Learn about it all from this article to guide you through all of its ins and outs.
Tax Implications of Employing Staff in The UK for Your Business
This article delves into the tax implications and responsibilities associated with hiring employees in the UK, offering valuable insights to assist you in efficiently managing your business tax account and enhancing tax optimisation.
Types of Capital Allowance for Property Investors
The article provides insights into capital allowances for businesses investing in capital assets, explaining types such as First Year Allowance, Annual Investment Allowance, and Written Down Allowance. It highlights special considerations like the 100% First Year Allowance for specific assets...
Buy to Let Limited Company: What You Need to Know
This article explores the Buy to Let Limited Company, detailing its setup, benefits, drawbacks, and serving as a guide for potential investors in this domain.
Incorporating Properties Into a Limited Company
Dive into the advantages and tax considerations of incorporating properties into a limited company in the UK. Learn how this strategy can benefit property investors and optimize tax efficiency.
Tax Software vs Accountant
Deciding between a tax accountant or software for your business taxes? Consider needs, complexity, and budget for accurate compliance and potential savings.
TOMS VAT on Serviced Accommodation: A Surprise Win against HMRC
Sonder's VAT case sets a precedent, affirming TOMS inclusion based on traveler benefits and minimal alterations to goods, highlighting VAT compliance significance for evolving travel businesses.
The Ultimate Guide to Bed and Breakfasting
If you are a director who has borrowed from your personal company, the Bed and Breakfasting rule may apply to you.
Reclaiming Section 455 Tax
The tax liability incurred when a director borrows loan from a close company is referred to as section 455 charge.
