Limited Company
← Back to Resources-
Make the most of the dividend allowance
The 2020/21 tax year comes to an end on 5 April 2021.
-
What tax do I need to pay by 31 January 2021?
The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021.
-
Utilise the trivial benefits exemption to provide tax-free Xmas gifts
The Covid-19 pandemic has placed the office Christmas party firmly off the menu this year.
-
Paying family members
Regardless of the business structure (for example limited company or sole trader) it is possible to employ family members.
-
Winding up a company - Overview
Disposing of a limited company usually involves a considerable amount of forethought, planning and paperwork because a number of possible exit routes exist and each company situation is different.
-
Covid-19: Bounce back loans
Small businesses struggling due to the coronavirus pandemic should be able to apply for a quick and easy-to-access loan of up to £50,000, with no interest charged or repayments needed in the first 12 months.
-
Off-payroll working rules (IR35) update
The off-payroll working rules, known as IR35, were introduced in 2000 to ensure that someone working like an employee, but through a limited company, pays similar levels of tax to other employees.
-
Rishi Sunak's Winter Economy Plan
Rishi Sunak's Winter Economy Plan.
-
Extracting income from a family company with no retained profits
The Covid-19 pandemic has had an adverse effect on millions of family companies, potentially reducing or eliminating profits.
-
Reasonable excuse – does coronavirus count?
HMRC may allow an appeal against a penalty if the taxpayer has a ‘reasonable excuse’ for why, say, they filed a return late or paid their tax late.
