De-register or Not to register for VAT
Businesses considering VAT de-registration due to falling below the £88,000 threshold (allowing them to adjust prices or increase profit) must…
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accounting
Can Your Business Reclaim Statutory Sick Pay?
Common questions we hear from business owners: “Can I claim back the Statutory Sick Pay (SSP) I pay to my…
Associated Company or Not
Tax Implications for Associated Companies (Finance Act 2021) Overview Directors with interests in multiple companies should review structures if companies…
Wholly and Exclusively Expenses
What does “wholly and exclusively” mean? Put simply, an expense must be entirely for the purpose of your trade to…
HMRC to get more powers
What’s in the Bill: Key Highlights for Finance Professionals 1. Expanded Powers for the Public Sector Fraud Authority (PSFA) 2.…
Economic Crime and Corporate Transparency Act 2023
All company directors and people with significant control (PSCs) need to verify their identity to prove who they are. This…