Tax

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Tax | Claiming expenses against your business: reduce your tax bill

When it comes to claiming expenses against a business it can be a minefield but there are ways to mitigate a large tax bill within the scope of HMRC’s ‘wholly and exclusively’ expenses parameters. Jonathan Amponsah CTA FCCA of The Tax Guys sheds light on whether items such as holidays, golf lessons, school fees and even care home fees can be claimed against a business

Tax | Criminal offences for tax evasion now in force

The Criminal Finances Act 2017 has come into effect as part of tougher government action on corporate fraud, with the introduction of two new criminal offences which mean corporations and partnership are now criminally liable when they fail to prevent their employees, agents, or others who provide services on their behalf from criminally facilitating tax evasion
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