The section 455 surcharges on overdrawn directors’ loan accounts will increase during and after the current business lockdown. Especially in … More
Author: helpfulbeancounter
Virtual Finance Director to SME’s
Many small growing companies do not have a Financial Director, but need support in order to develop their businesses. This … More
Our guide to the 2021 Budget Statement
This is a basic guide, prepared by ACCA’s Technical Advisory team, for members and their colleagues or clients. It’s an … More
Principle Private Residence rules have recently changed
I was asked recently by a client as to what tax reliefs were available where their home (Principle Private Residence) … More
Overdrawn Directors’ Loan Accounts – problem for small company owners
There has been a recent tightening up of the rules relating to overdrawn loan accounts in what HMRC describe as … More
IR35 Changes and the Concept of ‘Deemed Employees’
Companies and freelance contractors need to prepare for the proposed changes to IR35 and the concept of ‘Deemed Employees’ The … More
R&D Tax Credits
The reason for this Blog is that I was very surprised that a local firm that is in involved marine … More
Finding an Accountant
There are not many professions where it is possible to set up in business without any need for qualifications. But … More
Dividends or Salary – What is Best?
For many small Limited Company Owners they are faced with 2 types of taxation. In fact 3 if we include … More
Is Buy to Let worth while?
Buy to Let investments have over the last 20 years been an alternative for many investors to the more traditional … More