It may come as no surprise to learn that HM Revenue & Customs (HMRC) have started writing to those taxpayers who may have incorrectly completed the property pages on their tax return specifically in relation to the amount of tax relief that can be obtained on residential property finance costs.
With the new Omicron variant spreading across the UK and the return of face coverings when in supermarkets the DfE has announced the revival of the Coronavirus Workforce Fund. Having initially been launched in November 2020, the scheme was then scrapped as the situation developed further in early 2021
Are you impacted by the recent Brexit changes to the parent company guarantee audit exemption?
For period’s commencing on or after 1 January 2021, UK subsidiaries of a parent company registered in the European Economic Area (‘EEA’), will no longer be able to take advantage of the parent company guarantee to exempt the UK subsidiary from an audit.
Further changes are coming…..
The well-known routes to take money out of your limited company are by way of salary and dividends.
