by Neil O'Brien | Jun 12, 2017 | Personal Tax, Tax
The latest tax news for entrepreneurs Our monthly tax news bulletin cuts straight to the main tax news the effects entrepreneurial business owners. Tax-Free Childcare and childcare options Tax-Free Childcare, the new government scheme to help working parents with the...
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 | May 6, 2016 | Accounts, Our News, PAYE & NI, Payroll, Personal Tax, Tax
What is an overdrawn directors loan? Quite simply this is when a director has taken more money from the company than they were entitled to take via salary and/or dividends Why does an overdrawn directors loan account cause a tax issue? The amount could be treated as a...
by Neil O'Brien | May 8, 2015 | Our News, Personal Tax, Tax
When you die, HMRC will want a slice of your estate. What is IHT? IHT is Inheritance Tax. When you die, the Government will assess the value of your assets and then deduct the value of your liabilities. Whatever is left over is your estate. If this estate value is...
