Accountancy Enterprise News
Definition of living together
There are many tax reliefs available to married couples or civil partners. In many cases, these reliefs are only available if the couple / civil partners meet the legal definition
Read MoreLate filing penalties VAT returns
The VAT penalty regime that applies to the late submission and / or late payments of VAT returns changed for VAT return periods beginning on or after 1 January 2023. Under the new
Read MoreNo change to Corporation Tax rates?
The Corporation Tax Main Rate applies to companies with profits exceeding £250,000 and is currently set at 25%. For companies with profits up to £50,000, a Small Profit Rate (SPR)
Read MoreUpdate on High Income Child Benefit Charge
Changes to the High Income Child Benefit Charge (HICBC) came into effect on 6 April 2024. The income threshold at which HICBC starts to be charged increased to £60,000 (from
Read MoreWhat is an appropriate address for a company?
One of the key changes introduced as part of the Economic Crime and Corporate Transparency Act (ECCTA) was the introduction of new rules for registered office addresses. The ECCTA
Read MorePersistence pays off
Persistence in following up leads is a crucial trait in many fields, especially in sales and practice business development. It involves consistently pursuing potential
Read MoreBusiness leaders collaborate to Make Work Pay
British workers are set for better working conditions as the Government takes its first steps towards its Plan to Make Work Pay.
The Deputy Prime Minister and Business Secretary
Read MorePaying tax via your tax code
You may be able to have tax underpayments collected via your tax code when you are in employment or in receipt of a company pension. Instead of paying off debts in a lump sum,
Read MoreWhat is Gift Hold-Over Relief?
Gift Hold-Over Relief defers the payment of Capital Gains Tax (CGT). It can be claimed when assets, including certain shares, are gifted or sold below their market value to benefit
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