Corporation Tax relief may be available when a company or organisation makes a trading loss. Companies that are eligible for group relief can transfer
Any assets or rights (but not liabilities) remaining in a company at the date of dissolution will pass to the Crown as ownerless property. This happens under what is known […]
In the Spring Budget earlier this year, the chancellor announced that eight Freeport locations would be created in England. The Freeports will be in the East Midlands Airport, Felixstowe and […]
There are a number of options open to taxpayers who disagree with a tax decision issued by HMRC. It is important to note that not all decisions by
New VAT rules for building contractors and sub-contractors came into effect on 1 March 2021. The new rules make the supply of most construction services between construction or building businesses […]
The final step in bringing a company to a legal end is when the company is dissolved. However, one of the important points to be aware of when doing
Goodwill is rarely mentioned in legislation. Most people would settle on a simple definition which would be based on the ‘extra’ value of a business over and above its tangible assets. […]
The Construction Industry Scheme (CIS) is a set of special rules that affect tax and National Insurance for those working in the construction industry. Businesses in the construction industry are known […]
