Capital allowances are a form of tax relief when your business buys a capital asset such as machinery, equipment or vehicles. They are regarded as a business expense, and you may be able to deduct some of the cost away from your profit before working out the tax you owe.
Apprenticeships can play an important role within a company, bringing in a fresh perspective to the business. An apprentice can develop new skills and knowledge from on and off-the-job training which can be harnessed to fill specialist skill gaps within your company.
There are many reasons why you may eventually want to close down your limited company. Our short guide looks at a few different ways a limited company can be closed down depending on its financial circumstances at the time.
In April 2020, the government will introduce a new 2% tax on the revenues of online marketplaces, search engines and social media platforms which derive value from UK users.
Members Voluntary Liquidation: A financially beneficial tax planning option when closing down a Limited Company
When it comes to closing down your limited company you may be concerned about how to close it down in the most tax-efficient way. A Members Voluntary Liquidation (MVL) is a tax-efficient way of closing down a limited company.
Businesses of all types, sizes and in all locations are at real risk of a cyber attack at any time. This could be due to security protection and strategies not evolving fast enough to defend against increasingly sophisticated cyber-attacks.
Are you considering a career change, looking to relocate for work opportunities or are simply after a change of scenery? We have created a list of the best UK cities to make your home as a contractor or freelancer.
A Special-Purpose Vehicle (SPV) Company is a limited company which is set up for the sole purpose of purchasing property for buy-to-let activities. Read our short guide to gain a better understanding of what a SPV company is and how our SPV service works.
The amount you can borrow and the way it’s calculated depends on the lender, your legal status (sole trader, limited company director or partnership) and your previous years’ accounts. Keep reading to find out everything you need to know about getting a mortgage as a self-employed worker.
Keeping accurate business records means you (or your accountant) have the correct information in regards to income, business expenses and more. Keeping good business records will mean you are able to file your tax returns correctly and pay the right amount of tax.