by Neil O'Brien | Sep 30, 2016 | Our News, Personal Tax, Tax
REPORTING TO HMRC EVERY QUARTER TO GO AHEAD IN 2018 The Government and HMRC remain committed to the “Making Tax Digital” project with more information being sent online to HM Revenue and Customs (HMRC) by employers, pension funds, banks and other institutions. The...
by Neil O'Brien | Aug 19, 2016 | Business acquisition, Our News
Sometimes it can be better to extract funds from your company or to acquire another company through an aquistion method known as ‘purchase of own shares’. In essence, you use the Company’s own cash to reduce the number of shares in issue and pay...
by Neil O'Brien | Aug 12, 2016 | Our News, Tax
What are the changes to Entrepreneurs’ When you sell an asset, the gain (if above the annual exemption of £11,100 – for 2015/16) the you pay tax on the gain. The rate of tax ranges from 18% to 28% for individuals. However, this rate can be reduced to 10%...
by Neil O'Brien | Aug 12, 2016 | Business acquisition, Our News
Following on from our article on the purchase of own shares we thought it would be also useful to provide information for when you consider a reduction in share capital. In practice, this is a useful route when there is a takeover or change in shareholders and hence...
by Neil O'Brien | Jul 22, 2016 | Our News
Brexit – what are the tax implications? May claim that the main reason for voting “leave” was to restore fiscal sovereignty to the UK. This enables us to set our own laws and us within business that biggest areas that will effect us as tax law. We have seen many...
by Neil O'Brien | Jun 10, 2016 | Budget, Costs, Our News
Nearly every business has their whole concept of marketing completely and utterly wrong. Do you want to grow your business? Do you think you can grow your profits by spending all your cash? This does not seem right does it? Spend all your cash, as much as you can and...
