Beat the Budget

Beat the Budget

The next Budget is due Autumn 2020, late October or early November, although this may be postponed until Spring 2021 if we have a further spike in coronavirus infections. There has been the usual speculation that taxes will be increased in the forthcoming budget to... read more
Directors’ loans – a word of caution

Directors’ loans – a word of caution

Director/shareholders have a unique position with their companies for tax purposes. Usually, they can decide when and how to withdraw funds from their business, but these withdrawals can have unforeseen tax effects. Salaries and dividends If amounts drawn are salaries... read more