An Employee Ownership Trust allows a company to be owned by its employees, but what are the pros and cons for the owners, the business and the employees. Our article on EOTs explores all of these aspects, with particular focus on the tax benefits.
Following the end of the Brexit transition period, new customs controls are now in place for businesses moving goods to or from the UK. The new controls took effect on 1 January 2022 and HMRC wrote to traders at the end of last year to remind them of the new rules...
Chancellor Rishi Sunak used the Autumn Budget 2021 to invest taxpayer money in long-term plans he says will secure the economic future of the country. Everything from the NHS, schools, local transport and the culture and leisure sector appear set to benefit from the...
OCT 2022 UPDATE: Please note that in October, the Government subsequently announced that the NIC increases outlined below would be reversed from 6 November 2022 and the associated Health and Social Care Levy, due to be introduced in 2023 will be scrapped. Dividend...
How many times have we heard that a Company that has outstanding liabilities has been dissolved by the Director at Companies House without going through a formal Insolvency process and then the Director appears to have successfully set up a new Company
If you are just starting out in business, and with an endless list of tasks to complete and costs to cover, you might well be wondering how necessary an accountant is. It’s not a ridiculous question either as every cost incurred at this point in your journey needs...
