FILTERED BY TAG:

Companies

Tax dates and return deadlines for the tax year 2019/20

April 6, 2019

Introduction

Knowing the important deadlines in the tax year 6 April 2019 to 5 April 2020 will help you to prepare and send off the main forms in good time. You may have a range of obligations for corporation tax, PAYE, self-assessment, VAT, National Insurance contributions (NICs) and th...

Read more and comment

IR35 (Off-payroll rules) - updated on 10 April 2019

April 2, 2019

What is IR35?

If you’re not directly employed by your client in a traditional sense, but you use an intermediary (such as a Limited Company) to provide your services, the intermediaries’ legislation – known as ‘IR35’ – may apply to you.Under IR35, you have the burden...

Read more and comment

Directors' Loan Accounts

February 9, 2019

Tax planning

The opportunity to borrow funds from a personal or family company can provide an attractive source of cheap finance. In a family or personal company, transactions between the company and the individual directors are commonplace. A director's loan account is a simple mechanis...

Read more and comment

Close Companies

February 8, 2019

What is a close company?

A company is close if it is UK resident and either condition A or B is met: Condition A: It is under the “control” of: Five or fewer participators, orParticipators who are directors. Condition B: That five or fewer participators, or participators who are directors togeth...

Read more and comment