July - 2021

Jane Wu LLB ACA

Tax relief on loans to your company

Are you a director or shareholder who has loaned money to their company to help keep it afloat? Where a director borrows money in order...

Jane Wu LLB ACA

Taxation of termination payments

As furlough comes to an end, you may need to consider letting staff go. If this is the case, you will need to budget for the Class 1A...

Jane Wu LLB ACA

Year End Checklist ✔

Good monthly processes and some up front preparation are the formula for successful accounts and tax Is your business year end coming up?...

Jane Wu LLB ACA

Loss relief for new businesses

If you became self employed in 2020 or 2021, it’s likely that you weren’t eligible for any government grant, probably realised a loss...

Jane Wu LLB ACA

Take dividends while you can

For personal and family companies, a tax efficient strategy for extracting profits is to take a small salary and to extract any further...

Jane Wu LLB ACA

VAT Invoices

What is a valid VAT invoice or reciept? Don't get caught out with the wrong paperwork. HMRC will only accept claims for input VAT when...