Teresa

If your business does not have a steady stream of money flowing into it, you will be unlikely to be a going concern in 12 months.

Most employers provide a range of benefits in kind to their employees. You may be able to choose which benefits to take up, so you should be aware of the different tax and national insurance (NI) implications of each benefit you pick.

TAXABLE INCOME BANDS AND TAX RATES   2017/18 2016/17 Starting rate of 0% on savings up to £5,000* £5,000* Basic rate band Scottish basic rate band £33,500 £31,500 £32,000 £32,000 Higher rate band Scottish higher rate band £33,501-£150,000 £31,501-£150,000 £32,001-£150,000 £32,001-£150,000 Basic rate 20% 20% [...]

The economic forecasts outlined by the Office for Budget Responsibility (OBR) were broadly in line with those from the Autumn Statement in November 2016.

Research and development (R&D) tax relief for small companies provides an enhanced deduction for the costs of qualifying R&D projects.

There are many ways to earn an income from property such as residential properties, furnished holiday lettings, commercial properties and renting out a room in your house.

Many of us do not really think about the commitment that employees make to their employers in terms of time. The average 9 - 5 worker with their 5.6 weeks of statutory holiday is likely to work around 1,880 hours a year.

Since its introduction in 1911, national insurance (NI) has changed from a form of protection against ill-health and unemployment to include a wider range of benefits.

How gifts can reduce your liability for inheritance tax. Inheritance tax (IHT) at 40% is due on the portion of a person’s estate that exceeds £325,000. This can be reduced to 36% if 10% (or more) of the estate is given to charity. Married couples and civil [...]

A company can choose to be audited in order to prove to its investors or shareholders that its accounts are sound.