If you’re a landlord and are planning to sell a buy-to-let (BTL) property, don’t forget that you only have 60 days from the date of completion to declare any gain to HMRC and pay the Capital Gains Tax (CGT).
HMRC is running a one-to-many letter campaign targeting companies that may have miscalculated corporation tax marginal relief in their company tax returns.
Most businesses have operating leases on high cost equipment, this might include photocopiers and other office equipment, but also vehicles, plant and even property.
There is a saying ‘Turnover is vanity, profit is sanity, cash flow is reality’, but when people look at business success, it’s turnover that is usually quoted first. Improving your profitability doesn’t necessarily mean putting your prices up…
When a loved one passes, along with the emotional fallout, their death triggers a mountain of admin. One of the tasks that must be undertaken is to apply for probate and this must be done by the person who has been designated by the deceased as their executor.
If you have a limited company and you are looking at purchasing a new vehicle why not purchase a fully electric car?
It happens to all of us, we need extra money for home extensions, unexpected life events or just a temporary cashflow glitch. You may have an opportunity that is available right now – and may not be in the future…
If the worst were to happen and you had no will in place you would be deemed to have died intestate. So why is that a problem?
Offering shares to employees is not new, it’s something that many companies have done for a variety of reasons. It’s excellent for employee engagement and commitment, to encourage employees to feel it’s their company and know that their efforts can make a difference to them financially.
You’ve probably seen statements from HMRC saying they will never contact taxpayers via SMS or email. It’s always been one of their strategies to reduce fraud. If you know that any SMSs or emails apparently from HMRC are spam, you can happily delete them without getting stressed. But that’s about to change!
Today’s apprenticeships are a great way to nurture talent. Not everyone finds the academic route to qualifications works for them, some people learn better by doing than by reading about it – and this is where apprenticeships really come into their own.
This Budget had very little that businesses need to get excited about. Probably the biggest issue to hit the headlines has been the increase in the minimum wage.
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