Newsletters
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Save tax with pedal power
With summer on the way some of your workers have asked whether you would consider starting a cycle-to-work scheme. Is there a simple way to set one up?
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Disincorporation - is it worth it?
Your business has suffered a dip in the last couple of years and you’re looking to downsize. As part of the process you want to close your company and operate as a sole trader instead. What are the tax consequences?
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Company income sharing for couples
You’re getting married soon and to save tax you want your partner to receive a share of the dividends from your company. Should you transfer some of your shares or should your company issue your partner with new shares?
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Are you ready for the next payroll deadline?
With the PAYE end of year procedure safely negotiated your next payroll task is preparation of the various employee-related reports required by 6 July. What steps must you take to avoid trouble with HMRC?
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Invoice factoring: how do you account for VAT?
Invoice (debt) factoring is a service that businesses with cash-flow problems might consider. Broadly, it means obtaining finance secured against the value of unpaid invoices. What does this involve in practice, and does it create a VAT headache?
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Tax breaks for renting a room
Rent-a-room relief allows you to receive rent of up to £7,500 per year from letting part of your home. However, it doesn’t always work to your advantage. When should you consider disclaiming the relief?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.