It is not uncommon for directors of a company to take loans from the business during each financial year, often … Continue reading Three easy ways to manage your directors’ loan accounts

The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent … Continue reading How to maximise tax relief on losses to offset higher employment costs

Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital … Continue reading How HMRC treats cryptoassets disposed of by businesses

HM Revenue & Customs (HMRC) will permanently close its free service for submitting Company Tax Returns and annual accounts on … Continue reading HMRC is closing its free Company Tax Return service

With the abolishment of the specific tax considerations for Furnished Holiday Lets (FHL) from the beginning of the current tax … Continue reading Joint owners of Furnished Holiday Lets prepare for increased taxes

Recent Government estimates suggest that as much as £1.8 billion is lost every year due to tax avoidance schemes.   That … Continue reading Beware tax avoidance scheme promoters – HMRC cracks down with new powers