by Ruth Clark | Jan 28, 2022 | HMRC
Applicability VAT reverse charge will apply to standard and reduced-rate supplies of building and construction services made to VAT registered businesses, who in turn also make onward supplies of those building and construction services. From 1 March 2021, You must...
by Ruth Clark | Jan 24, 2022 | Tax
Optimal Salary Level When deciding on what level of salary to pay, it is important to remember that while there are some general rules, there is no “one size fits all”. Assuming that the director’s personal allowance is available and not otherwise... by Ruth Clark | Jan 14, 2022 | Uncategorised
Form 17 and its uses Assets such as investment property are sometimes jointly held in the names of a married couple (or civil partners). Generally, the couple is treated for income tax purposes as beneficially entitled to the property income in equal shares (the...
by Ruth Clark | Jan 7, 2022 | Tax
Employees in the UK are chargeable to income tax on their net taxable earnings. These earnings are made up of the employees’ cash earnings, such as their salaries, wages and any bonuses, as well as any benefits-in-kind they might receive. Benefits-in-kind is non-cash...