Claim expenses for additional costs of working from home As the 2020/21 tax year draws to a close, many employees will have spent much if not all of the last year working from home. While the tax system enables employers to pay employees a tax-free allowance of £6 per week (£26 per month) to cover […]
Claim Expenses For Working From Home Read More »
There is no excerpt because this is a protected post.
Business Interruption Insurance – Are Pay-Outs Taxable? Read More »
IR35 And Off-Payroll Working – What To Do From 6 April 2021 If You Provide Services Through An Intermediar Prior to 6 April 2021, workers who provide their services to a private sector organisation through an intermediary, such as a personal service company, need to consider whether the IR35 rules apply to them. This will
IR35 And Off-Payroll Working – From 6 April 2021 Read More »
Rishi Sunak delivered his Budget Update speech earlier yesterday. Below are some summaries: CORPORATION TAX RISE TO 25% FROM APRIL 2023 Let’s start with the worst news first. In a bid to rebalance the books post COVID, Rishi Sunak announced a rise in the Corporation Tax rate to 25% from April 2023 which was higher
Rishi Sunak’s Budget Update 2021 Read More »
Family Investment Company (FIC) offers a tax efficient way to retain control over assets and still pass them on to the next generation. By providing a degree of flexibility they can be ‘fine-tuned’ to a family’s particular circumstances or requirements e.g. by drafting the company’s articles in such a way as to prevent the transfer
Use Of A Family Investment Company Read More »
