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Director’s Loan
What is Director’s Loan? As a limited company director, the funds you withdraw from the company may be treated as a loan to you from the company; this is a Director’s loan. All such transactions
VAT – Basic Guide for a Small Business
VAT – Basics for small businesses VAT has only been in force since 1973 however it remains one of the major sources of tax for the Government. But what does this tax mean for a
Starting a new business.
Small Businesses contribute significantly to the UK economy and almost 10,000 businesses are set up every week, yet, starting a new business remains one of the most complex and daunting prospects for most. Perhaps, that’s
Making Tax Digital – Are you ready?
What is MTD? HMRC’s reporting initiative, originally announced in 2015, is set to modernise the UK Tax System by 2020, by enhancing the use of digital financial data.Millions of businesses and individuals will have access