by A&S Admin | Feb 1, 2022 | Making Tax Digital, Starting out in business, Tax Tips
HMRC have published a call for evidence on the case for reforming the rules for registering for Income Tax Self Assessment (ITSA). The call for evidence is interested in hearing views on whether it would be beneficial to bring forward the deadline by which landlords... 
by A&S Admin | Jan 11, 2022 | Budget bytes, Business Tips, Making Tax Digital, Starting out in business, Talking points, Tax Tips
Payments on account are advance payments towards your tax and, where relevant, your Class 4 National Insurance bill. You may need to make them if you are self-employed or if you are a landlord. You may also need to make them if you operate your business through a... 
by Admin | Jan 7, 2021 | Aldous Saunders, Starting out in business
Overview To acquire a business which is being carried on by a company, the purchaser must decide whether to acquire some or all of the shares in the company that carries on the business (the target business); or the individual business assets and liabilities of the... 
by Admin | Nov 10, 2020 | Starting out in business
Overview A number of important decisions must be made when a company is set-up; for example, who will own shares in the company and to what date will it make up its accounts? These decisions may have tax consequences and it is important that all of the available... 
by Admin | Oct 3, 2020 | Starting out in business
Overview A person starting to trade is faced with a number of requirements; for example, they must register their business with HMRC. Penalties may be charged where the person fails to meet or is late in meeting those obligations. In addition, the person must make a...