by CAccountingNEW | Aug 19, 2021 | Work from Home
Now that the ‘work from home if you can’ guidance has been lifted, employees are returning to the office. If, following their return, you allow employees to keep their homeworking equipment for personal use, there may be tax consequences to consider....
by CAccountingNEW | Aug 19, 2021 | COVID-19
During the COVID-19 pandemic, HMRC paused much of their debt collection work, both to divert resources to administering the various COVID-19 support schemes and to help taxpayers whose finances were adversely affected by the pandemic. However, as the country emerges...
by CAccountingNEW | Aug 19, 2021 | MTD
Making Tax Digital for income tax will apply from April 2023 for self-employed businesses, partnerships and landlords with total gross income above £10,000. Businesses and landlords who join MTD for income tax will need to submit a quarterly summary of their business...
by CAccountingNEW | Aug 19, 2021 | Director's Loan Accounts
When you choose to set up a limited company, it is a separate legal entity to you as an individual. This is one of the benefits of running a business in this way, as it offers you limited liability and you only risk what you put into the business. Therefore, the money...