PFK-FPM
The rising cost of paying our staff
QUESTION: I run a local business and I have a small but loyal workforce.
The complexities of Entrepreneur's Relief
QUESTION: I want to transfer some shares in my trading business to my sons while ensuring that all the shareholdings remain tax efficient if the company is sold in the future.
Firm foundations for a new tax relief
QUESTION: Can you explain to me the new capital allowances relief announced in Budget 2018? ANSWER: One of the few surprises in Budget 2018 was the introduction with immediate effect of a new class of capital allowances – Structure and Buildings Allowances (SBAs).
The most wonderful time of the year - tax season
QUESTION: How do I know if I need to file an income tax return to HM Revenue & Customs in January 2019 and if I need to, how do I go about doing this? ANSWER: The most wonderful time of the year is fast approaching - self-assessment season.
Employers to be caught by PAYE and NIC for contractors
QUESTION: I run a small business and I use a number of consultants who operate through their own companies.
R&D tax incentives should not be ignored
QUESTION: What does my business have to do to qualify for Research & Development tax relief and how is this tax relief given? ANSWER: The Government’s Research & Development tax relief incentive allows companies to claim additional tax savings on the research costs they incur.