UK Still Attracting Start-Ups
UK remains a top destination for start-ups but finance needs to flow The UK is among the top 5 destinations for those looking to start…
Business asset disposals taxed at 10%
Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership.
Carrying company losses back
Corporation Tax relief may be available where your company or organisation makes a trading loss. A qualifying trading loss may be used to claim relief
Post-cessation receipts and expenses
Tax relief may be available for post-cessation expenses of a trade. In order to be an allowable post-cessation expense, the trade must have ceased, and
Basis of assessment changing
Forthcoming 'basis of assessment' reforms will change the way trading income is allocated to tax years for the self-employed. The changes will affect sole traders
Overseas seller VAT check
Since 2018, online marketplaces (such as eBay or Amazon) have been required to help tackle online VAT fraud. These measures, known as joint and several
Bona Vacantia – dissolved companies
The final step in bringing a company to a legal end is dissolution. However, one if the important points to consider when doing so is
Scope of Trade
There is no statutory definition of ‘trade’. The only statutory reference to the term is that ‘trade’ includes a ‘venture in the nature of trade’.
Locking The Cyber Door
The world has been awake to the threat of cyber crime – hacking, theft, ransomware, ID theft etc – for some years now. And governments…