Loans to participators
Loans to participators Where a close company (or LLP) makes a loan (otherwise than in the ordinary course of a…
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.
Loans to participators Where a close company (or LLP) makes a loan (otherwise than in the ordinary course of a…
Tax consequences of 'illegal' dividends Dividends can only be declared out of a company’s available undistributed profits, and if the…
Obtain relief for pre-letting expenses When starting a new property rental period there will usually be a preparatory phase during…
Dividend waivers Dividends are paid at the same rate for each category of share according to the number of shares…
Expenses and benefit returns for 2020/21 Expenses and benefits returns P11D and P11D(b) for 2020/21 need to be filed by…
Furnished holiday lettings Furnished holiday lettings offer a number of tax advantages over longer lets. One of the key benefits…
No retained profits – Can you extract cash to cover your living expenses? If you operate through a limited company,…
No retained profits – Can you extract cash to cover your living expenses? If you operate through a limited company,…
Where assets that have become worthless, it may be possible to make a negligible value claim, allowing a loss to…
Special rules apply to company directors when it comes to calculating their Class 1 National Insurance liabilities. Why the rules…
Running a property business through a limited company rather than as an unincorporated business may be an attractive proposition; at…
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