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08-10-2019
Changing your company’s year end

Changing your company’s year end

There are special rules in place which limit your options to change your company’s year-end date. A company’s year-end date is also known as its ‘accounting ... read more

08-10-2019
What is the Inheritance Tax residence nil rate band?

What is the Inheritance Tax residence nil rate band?

The Inheritance Tax residence nil-rate band (RNRB) came into effect on 6 April 2017. The RNRB is a transferable allowance for married couples and civil partners (per person) when ... read more

08-10-2019
What is Capital Gains Tax incorporation relief?

What is Capital Gains Tax incorporation relief?

If you own a business as a sole trader or in partnership, a Capital Gain will arise if your business is transferred into a company structure. The gain will be assessed by reference ... read more

08-10-2019
Overdrawn directors’ loans

Overdrawn directors’ loans

An overdrawn Director’s Loan Account is created when a director (or other close family members) 'borrows' money from their company. Many companies, particularly ... read more

08-10-2019
When overseas companies need to register at Companies House

When overseas companies need to register at Companies House

An overseas company must register with Companies House if they want to set up a place of business or branch in the UK. Generally, this would be if the overseas company had a ... read more

08-10-2019
Objecting to a limited company being struck off

Objecting to a limited company being struck off

There are a limited range of circumstances when a company can request to be removed from the register (known as being struck off). For example, a voluntary strike off can be ... read more

02-10-2019
Post Brexit funding announced

Post Brexit funding announced

The Chancellor is set to announce a new package of measures to help the UK prepare for a post-Brexit future. We are told that these measures will also help to support the next ... read more

02-10-2019
Residential landlords’ tax changes complete April 2020

Residential landlords’ tax changes complete April 2020

The tax relief on finance costs used to buy investment properties is being gradually restricted to the basic rate of tax. The full finance costs restriction will be in place from 6 ... read more

02-10-2019
Making a loss when you sell your home?

Making a loss when you sell your home?

One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions is Private Residence Relief, which usually exempts any profit made on the sale of a family ... read more

02-10-2019
Changes to off-payroll working from April 2020

Changes to off-payroll working from April 2020

The rules for individuals providing services to the public sector via an intermediary such as a Personal Service Company (PSC), changed from April 2017. The new rules shifted the ... read more