A doctor has lost a First Tier Tribunal (FTT) appeal related to two contractor loan schemes involving offshore trusts which were liable to income tax as earnings
Despite the rise in interest rates, directors’ loans are still enjoying a low 2.25% rate, explain Chris Etherington, tax partner, and Alex Foster, partner, RSM
A dentist has lost a First Tier Tribunal (FTT) appeal against closure notices issued by HMRC which rejected claims for tax relief for payments to a remuneration trust
Calculating the small profits rate after the increase in corporation tax to 25% requires a complex calculation, explains Paul Davies FCA, senior tax writer at Croner-i
In this week’s Q&A, Croner-i tax consultant David Woolley explains tax efficient use of incorporation relief when converting to incorporated status and risk of capital gains tax
The rate of corporation tax has increased by a third from 19% to 25% for the largest businesses from 1 April and full expensing is available for three years
As tax work becomes more commoditised and data goes to the cloud, companies should consider co-sourcing accounting services to reduce costs, argues Russell Gammon, chief solutions officer at Tax Systems
An employment agency has won a First Tier Tribunal (FTT) appeal related to an overpayment relief claim amounting to £31,000 in income tax and national insurance contributions (NICs)
Menu toggle
