When to Complete Your Tax Returns
Running your own business comes with responsibilities. You may now pay salaries to employees/directors and dividends to shareholders, manage end of year paperwork, and network with potential clients for your next flourishing role. You welcome these tasks as your new [...]
New VAT Flat Rate Scheme
From 1 April 2017 many businesses who use the VAT flat rate scheme (FRS) are going to see an increase in the Flat Rate % they apply to calculate amounts due to HMRC.
Maximising tax relief for two homes
The UK tax regime provides an important relief from the capital gains tax charge (CGT) on the gains made by owner-occupiers on the sale of their private homes. This is known as Principal Private Residence relief (PPR). The general principle [...]