Business
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Avoiding common errors when computing business profits
These 5 risk areas are prone to errors when computing business profits.
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When is a car a pool car?
Rather than allocating specific cars to particular employees, some employers find it preferable to operate a carpool and have a number of cars available for use by employees when they need to undertake a business journey.
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Pension payments – What tax relief is available?
To encourage pension savings, tax relief is available on contributions made to registered pension schemes.
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Can you benefit from the trading allowance?
The trading allowance enables an individual to earn up to £1,000 from self-employment,
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Reduction in the dividend allowance
The dividend allowance is available in addition to the personal allowance.
