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You intend to transfer your business to a company. You’ve read that any resulting tax charges can be legitimately avoided. However, your accountant says there will be tax to pay. Who’s correct? Tax and other advantages One of the main…
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We have featured the tax efficiency of pension fund investment in a number of recent posts. As well as the increased flexibility in terms of drawdown arrangements that were introduced in April 2015 there were some important changes to what…
Read MoreInternal meetings are the lifeblood of every business. Several meetings probably take place in your business every day. Many people view them as the way people within the business communicate, a place where all the decisions are made, and the…
Read MoreAs the business world becomes ever more competitive, it has become increasingly important to create a business development culture within firms. To achieve this, the whole firm must shift its focus from a culture of working “in” the business to…
Read MoreThe 2017/18 tax year ends on 5 April. With this in mind HMRC has published some final advice on what’s required form employers. What do you need to know? Deadline. While there are exceptions, you must usually submit your final…
Read MoreLast year we reported that the House of Commons Work and Pensions Committee published a report calling on the Government to close the loopholes that allow “bogus” self-employment practices, which burden the welfare state but reduce the tax contributions needed…
Read MoreThe so-called “gig economy” is starting to change the way we think about our workforce. As the world of work becomes more flexible, an increasing number of professionals are opting to become independent contractors who market their skills to businesses,…
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