Feature Archive

The Construction Industry Scheme is a scheme that applies to payments to self-employed workers and businesses in the Construction Industry. ...

Chris Rooks is a qualified mortgage adviser and founder of Future Balance based in Royal Wootton Bassett. He’s also a ...

A Limited Liability Partnership (LLP) is safer than a typical Partnership, just as a Limited Company is safer than a ...

If you buy a computer and use it in your business, it is the norm that the cost is at ...

There are generally two reasons to register for VAT:

Here is a list of certain expenses that aren’t tax deductible – but which regularly get claimed, or questioned, by clients:

Not necessarily, a Limited Company can result in you paying less tax and - while a Company owner might lose ...

You should talk to an accountant urgently! If at any point during a 12 month period, (good to review ...

There are a number of stages to go through – and I would recommend seeing an accountant as early in ...

When starting up as a landlord there are a number of issues and tax implications to bear in mind:

Financial planning is about much more than simply growing your wealth. Not only can it reduce financial worry, but it ...

On 1st March 2021, the VAT reverse charge for building and construction services comes into effect for VAT registered businesses ...

HMRC’s definition is “a property rented out by at least 3 people who are not from 1 ‘household’ (for example ...

Most expenses incurred by business are written off during the year, but some relate to assets that are used for ...

Watch out if you sell a property after 6th April 2020!

An LLP or Limited Liability Partnership has some things in common with a Partnership but, like a Limited Company, it ...

After April 2021, it will be the responsibility of (large) end-clients to decide on the IR35 status of contractors. There ...

The new ‘IR35 in the Private Sector’ legislation - that was postponed at the last minute in March 2020 – ...

When starting a business there are a lot of things to think about and a checklist can be useful.

There is an order for deciding how to set off the Annual Exempt Amount (for Capital Gains) and Capital Losses ...

In November 2019, Boris Johnson announced that he was freezing income tax, VAT and National Insurance for five years. ...

Umbrella companies have been around for many years. They basically combine the job insecurity of the self-employed with the ...

For most small one or two person Companies, the directors need only issue themselves with, say, a 100, £1 shares.

The vast majority of businesses, once they reach a certain size, operate as a limited company and at some point ...

The marginal rate of tax paid is “the percentage of tax paid on earnings for the next pound earned.” What ...

Applying for a new mortgage or re-mortgage can be a stressful and time-consuming task for anyone. At least for people ...

Different accounting software treat their VAT or tax rates in different ways, even though they might be called the same. ...

A Confirmation Statement is a document that Limited Companies must file at Companies House each year – generally online using ...

Tax on rental income relief is gradually being phased out which will affect buy to let higher rate taxpayers with mortgages.

This is a government-backed scheme that protects a tenant and the deposit they initially put down when entering into a ...