05 May 2022
An overdrawn director's loan account is created when a director (or other close family member) 'borrows'
HMRC’s internal manuals consider the reliefs available where there is an exchange of joint interests in
There are a number of reliefs available that can reduce liability to IHT if you inherit the estate of
28 April 2022
For most fully taxable businesses, VAT can be reclaimed on goods and services used in the course and
If a company has stopped trading and has no other income, then the company is usually classed as dormant
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax and
HMRC’s internal manual offer some revealing insights as to the treatment of accountancy expenses arising
The Economic Operators' Registration and Identification System (EORI) was setup as a European Union (EU)
26 April 2022
1 May 2022 - Due date for corporation tax due for the year ended 30 July 2021. 19 May 2022 - PAYE and
If you have staff that have been called up to serve on a jury, then you must allow them the necessary
21 April 2022
Capital Gains Tax (CGT) is a tax on the profit made from selling certain assets such as property, shares
A reminder that the 1.25% increase in NIC contributions that came into effect on 6 April 2022 are
If you use your own vehicle for business journeys, then you may be able to claim a tax-free allowance
Domicile is a general legal concept which in basic terms is taken to mean the country where you
The basis period reforms will change the way trading income is allocated to tax years. The reforms will
There are special statutory demerger provisions that are designed to make it easier to divide and place
14 April 2022
A number of business tax cuts came into effect from April 2022. This includes an increase in the
One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions covers the sale of the
Page: 1 2 3 4 5 6
Make sure to regularly check the Bexons website in order to keep up to date with our latest releases. Alternatively, if you would like to enquire about joining Bexons, don’t hesitate, contact us. The first meeting is always free of charge.