From 1 November 2018, owners of properties on estates or sites that are obliged to pay service charges to a management company - for example, for the maintenance of common areas, gardens, or the employment of a site warden or caretaker - may be in for an unwelcome surprise.
It would...
6 days 1 hour ago
OpRA is the acronym for an optional remuneration arrangement. Before April 2018, these were termed “salary sacrifice” arrangements. Essentially, both are benefits in kind (BiK) offered to employees in place of salary increases.
Recent changes ensure that that where such benefits are...
1 week 4 days ago
Truthfully, no one knows what trading conditions will be like once we exit the EU. Will supply chains seize up or will it be business as usual?
If there is a possibility, however remote, that the commercial landscape will change, doesn’t it make sense to undertake an assessment of...
1 week 6 days ago
This article is our usual reminder of the tax breaks available if you are organising a Christmas party for your staff.
Many businesses take time out to provide their employees with a work based party or similar event. If you are concerned about the tax consequences of Christmas...
2 weeks 1 hour ago
1 December 2018 - Due date for Corporation Tax due for the year ended 29 February 2018.
19 December 2018 - PAYE and NIC deductions due for month ended 5 December 2018. (If you pay your tax electronically the due date is 22 December 2018)
19 December 2018 - Filing deadline for the...
2 weeks 1 hour ago
Businesses that presently trade with the EU block may like to consider applying for Authorised Economic Operator (AEO) status. The following notes explain why this may be helpful.
AEO status is an internationally recognised quality mark that shows:
your role in the international...
2 weeks 1 hour ago
Marriage Allowance lets you transfer £1,190 of your Personal Allowance to your husband, wife or civil partner - if they earn more than you.
This reduces their tax by up to £238 in the tax year. To benefit from this arrangement, you (as the lower earner) must have an income below...
2 weeks 1 hour ago
When a director has been found guilty of mismanagement verging on fraud, one of the remedies that the courts can impose is disqualification as a director. But what does this actually mean?
A disqualified director has to abide to the following restrictions:
While the order or...
2 weeks 1 hour ago
Many small businesses, including landlords, use personal bank accounts to lodge business receipts and make business payments. If traders in this situation are subject to a HMRC enquiry into their business affairs, HMRC would be entitled to request sight of all bank accounts that...
2 weeks 4 days ago
If you are about to move abroad and are already receiving a State Pension in the UK, you might like to read this article setting out some of the issues you will need to consider.
If you live part of the year abroad
You must choose which country you want your pension to be paid in....
2 weeks 6 days ago
Pages
-
A possible, unwelcome increase in service charges https://t.co/dGupA0q8US -
-
Would you set off for uncharted territory without a plan? https://t.co/HLMVaXT562
-
Are you eligible to claim the Marriage Allowance? https://t.co/JFAc4hoG9V
-
Disqualified from acting as a director https://t.co/7sWbxHLj7q
-
Tax free perks at Christmas time https://t.co/B2WUWbHkGQ
-
Keep private bank accounts private https://t.co/bU8Eec9tgI
