Chancellor Jeremy Hunt’s Autumn Statement contained few shocks. Much of it was already in the press. But I did hold my breath when Hunt finalised his statement with news of support for self-employed people.
In this post, we look at the key tax changes from the 2023 Spring Budget that contractors need to know about.
With the festive season just around the corner, you might be preparing for your eagerly anticipated Christmas shindig. Did you know you can claim back the cost of an annual party from HMRC?
We look at the key tax changes from the Autumn Statement that contractors need to know about.
With the government encouraging the switch to electric cars, is now the right time to purchase one through your limited company?
It’s a well known fact that the State Pension on its own won’t cover most individuals’ cost of living so it’s more important than ever to be thinking about the future and planning for retirement.
The new Chancellor, Jeremy Hunt, has announced the government is scrapping almost all of the tax measures set out in its mini-budget three weeks ago to “provide confidence and stability”, including repealing IR35 reforms.
When starting a business, you may want to transfer assets that you own in your personal name to your limited company. This will help reduce corporation tax in the company’s first year of trading.
As a limited company director, you may want to purchase gifts for clients, suppliers, staff and even for yourself. This article considers the different tax rules that apply to the various types of entertainment expenses a limited company can legitimately pay for.
It’s common practice for a spouse to be added as a shareholder in a limited company particularly where there can be tax efficiencies gained. Whilst the process of adding a new shareholder to a company is straightforward, it’s not right for every married couple and there are a number of important areas to consider before […]