Aug 28, 2013 | Corporate Tax
Tax relief There are many different tax reliefs available but you need to know about them to make sure that you receive the benefit. A lesser known tax relief is ‘Land Remediation Relief” which I thought I would briefly outline to help make landlords,...
Jul 31, 2013 | Corporate Tax, Personal Tax
Friend or foe? I often spend time with directors of their new Limited Companies explaining the methods of extraction of funds from the company. One of the aims is to help them avoid getting into the situation of an overdrawn directors loan account which then involves...
Jun 20, 2013 | Personal Tax
Wear and Tear or Renewals? Before 1 April 2013 for Companies and 6 April 2013 for other residential property owners, landlords of furnished residential properties had the following options: Renewals allowance – claim the cost of replacing items such as cookers,...
May 31, 2013 | Bookkeeping, VAT
What records to keep? For any business it is vital to keep evidence to support all transactions for tax purposes. Records will needed by the bookkeeper, business owner to refer back to and also HMRC. However for VAT purposes HMRC are not always looking for a full VAT...
