Working from home: What are the tax ramifications?
When tax relief may be readily available from being self employed or employed and based at their own residence increasing varieties of workers function from now from a private residence, especially in light of the covid pandemic. The degree to which tax allowances are...
A ‘trading’ Conundrum!
HMRC could withstand cases of a hobby amounting to trading, particularly if losses have been incurred. It is reasonably common for an individual to have a ‘sideline’ activity to their major line of work. The question develops whether that task amounts to a...
Loans to company proprietors: A tax nightmare!
Some policies to be familiar with when a company makes a loan to a close company participator or their affiliate. Based on specific exceptions, where a ‘close’ company (see listed below) has actually made a loan, advancement, or a benefit on a participator...
SEISS: Bills for paid too much grants hit taxpayers.
HMRC is providing analyses to taxpayers who have gotten extra self-employed income support scheme (SEISS) give than they were entitled to, and also those costs must be paid or appealed within one month. Throughout the Covid-19 pandemic, HMRC was under pressure to...
Specialist construction accountants
Specialist construction accountants Our group of Salford Accountants have over twenty years of experience collaborating with construction as well as residential or commercial property companies in the Salford area. Our specialist building and construction and...Our Average Score
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