by Ruth Clark | Jul 19, 2022 | Business, HMRC
If your business has spent money on plant and machinery and it is subject to corporation tax, then it may qualify for a super deduction which is a temporary allowance you do not want to miss. Qualifying purchases will need to have been made between April 1, 2021, and...
by Ruth Clark | Jul 11, 2022 | Business
A new tax called the ‘Economic Crime (Anti-Money Laundering) Levy’ is created and the appropriate collection authority is responsible for the collection and management of it, namely the Financial Conduct Authority, the Gambling Commission, or HMRC is introduced for...
by Ruth Clark | Jul 7, 2022 | Business, Tax
Tax is something that is a certainty in life, as former US President Benjamin Franklin said, but there are lots of ways you can reduce the amount of tax you have to pay by claiming for expenses you may not realise you could. Those of us who are self-employed or own...
by Ruth Clark | Jun 22, 2022 | Business
International trading is something many businesses are involved in, whether it’s because you are selling your good or services abroad or buying raw materials from overseas to help with manufacturing. Either way, exposing yourself and your business to currency risk is...
by Ruth Clark | Jun 17, 2022 | Business, HMRC
One of the perceived significant benefits of incorporation is the ability to extract profits from the company through dividends. The main advantage is the National Insurance saving, as no NICs are payable on dividends. In contrast, a salary payment would attract...
by Ruth Clark | Jun 15, 2022 | Business
When company leaders intend to boost their sales and have more efficient and competitive teams, it sets business objectives and develops a strategy to achieve them. These objectives are not always aligned with the company’s purpose, which is why the strategies...
