The company makes a loss – can a dividend be paid?
Anyone who invests in a company is taking a chance, hoping that the directors, as representatives, will use the money…
Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
Anyone who invests in a company is taking a chance, hoping that the directors, as representatives, will use the money…
It is usual for a landlord to require a deposit from a tenant as security against damage to the property.…
Despite the improving economy, bad debts are still a fact of life for many businesses. HMRC is aware that not…
Class 2 National Insurance contributions are flat-rate contributions for 2023/24 and earlier tax years are payable by the self-employed where…
There are three ways in which former students with student or post-graduate loans can make loan repayments: from deduction from…
Landlords with furnished holiday lettings (FHLs) are living in uncertain times. At the 2024 Spring Budget, it was announced that…
The VAT flat rate scheme is simple for smaller VAT-registered businesses. Rather than pay the difference between the VAT charged…
For many businesses, initial setup costs are low for just an internet connection, smartphone, and laptop. Invariably, funding for expansion…
Expenses will be incurred in running a property business. To ensure that tax is not paid unnecessarily, all allowable expenses…
Earlier this year, HMRC wrote to wealthy taxpayers who had not submitted tax returns for 2020/21 and 2021/22. A letter…
Many employees are required to wear a uniform or particular type of clothing whilst at work. Even where there is…
As a landlord, you will periodically need to undertake work on your property. This may simply involve fixing a leaky…
Book a free initial consultation with Makesworth’s chartered accountants.
Book a consultation 020 7993 8850