Capital expenditure for property businesses20190411040000

Capital expenditure for property businesses

April 11, 2019
There are different rules which apply to different types of capital expenditure for a property business. One of the main areas to consider in deciding...
Corporation Tax loss relief for losses carried forward20190410040000

Corporation Tax loss relief for losses carried forward

April 10, 2019
Corporation Tax relief may be available where your company or organisation makes a trading loss. The loss may be used to claim relief from Corporation...
Directors’ loans – tax consequences for your company20181115040000

Directors’ loans – tax consequences for your company

November 15, 2018
There are tax consequences for both companies and directors relating to the issue of director’s loans. We will examine below some of the implications ...
Corporation Tax computations20180814040000

Corporation Tax computations

August 14, 2018
The Office of Tax Simplification (OTS) provides independent advice to the government on simplifying the UK tax system, with the object of reducing com...
32.5% Corporation Tax on overdrawn directors’ loans20180807040000

32.5% Corporation Tax on overdrawn directors’ loans

August 7, 2018
HMRC defines a director's loan as money taken from your company (by you or other close family members) that isn’t: a salary, dividend or expense rep...