Some businesses include a company car as part of the overall remuneration package for their employees. However, HMRC considers the private use of a company car to be a Benefit in Kind and is, therefore, taxed as part of the employee’s overall income from employment.
A Self Assessment tax return is one of the most significant tax documents you’ll be dealing with when you’re self-employed. Here's what you need to know.
We take a closer look at how the new Flat Rate VAT scheme and the Limited Cost Trader test will affect you if you’re a VAT registered small business.
Tax credits are an incentive for people to remain in low-waged employment instead of seeking similar benefits in unemployment.
Why use online accounting software when you can download an Excel spreadsheet for free? Well, the reasons are numerous.
If you’re in the Construction Industry Scheme (CIS) and VAT registered, HMRC are changing how you account for VAT from 1st October 2019.
This article will cover exactly what a director’s loan entails, the guidelines to abide by, and your tax obligations. This way you will avoid any, albeit unintentional, illicit activity. Don’t worry, we’ll explain everything you need to know about director’s loan accounts with as little waffle or jargon as possible.
Giving or awarding shares through an Employment Related Securities scheme can be a good way for employers to reward employees. Here's what you need to know.
Capital Gains Tax comes into play when you make a profit from selling something you own. The important point to remember is that the tax is calculated on the profit you make, and not the amount you sold it for. As the name suggests, it’s all about the gain! Here's a quick breakdown of what you need to know.