EBT Settlement opportunity passed – what now?
The deadline for “settlement” with HMRC for those with an EBT has now passed so all other cases are being prepared for tribunal. What can you do now?
EBT settlement no longer an option
The opportunity for those who have an Employee Benefit Trust (EBT) and would like to settle their investigation out of tribunal has passed. What now?
Small business profit exceeds pre crash level
Good numbers of small businesses in the UK reported an increase in turnover and profit in 2014, showing positive results for future business operations.
Are you charging rent at the market rate?
Landlords are responsible for setting their rent at a market rate, that is, if they want to claim all tax deductible expenses. Are you aware of the property letting rules?
HMRC Online Services go live
HMRC have introduced a number of online services that could be of interest to provide you and your business with more, readily available information.
New tax breaks on savings
The government is introducing tax breaks on savings income to encourage people to start investing in savings accounts again. It is expected to help over one million savers to save tax and 500,000 to claim back some tax on savings income.
Tax breaks on savings income – apply here
The new 2015/16 tax-year brings forth changes to the way savings income is taxed. Are you aware of the possible benefits to you or people you know?
Delegate more for a more productive business
Do you find yourself focusing on tasks that could be done by someone else? Would you like more time to focus on growing your business? Effective delegation is the key to freeing up hours of time and knowing the job in hand will still get done.
