Following the end of the Brexit transition period, the process for exporting goods to the EU mirrors the process for all other international destinations. Businesses, especially those that only trade […]
When deciding whether an expense is allowed or disallowed for tax purposes it is important to bear in mind that the expenditure must be incurred
Although it cannot be understated, that COVID has resulted in widespread personal tragedies and business hardships, there are stories circulating of
A new temporary extension to the eligible carry back period for trading losses has been announced. This will allow trading losses to be carried back
It is not long until the current 2020-21 tax year comes to an end and there are a number of year end payroll chores that must be completed. This
The Chancellor confirmed that the Corporation Tax main rate will remain at 19% from 1 April 2021 for the next 2 years. The main rate had been expected
It has been confirmed as part of the Budget announcements that the 2021-22 personal allowance will increase to £12,570 (2020-21: £12,500) and the
What is the difference between capital and debt, and why is the distinction important? One important distinction is that capital represents the
