Capital allowances are a form of tax relief when your business buys a capital asset such as machinery, equipment or vehicles. They are regarded as a business expense, and you may be able to deduct some of the cost away from your profit before working out the tax you owe.
Apprenticeships can play an important role within a company, bringing in a fresh perspective to the business. An apprentice can develop new skills and knowledge from on and off-the-job training which can be harnessed to fill specialist skill gaps within your company.
Many end-clients require contractors to be at least partially on-site, but negotiating some time to work from home (WFH) is entirely feasible. Whether you provide services through an agency or directly to the end-client, it’s important to approach working from home with care.
There are many reasons why you may eventually want to close down your limited company. Our short guide looks at a few different ways a limited company can be closed down depending on its financial circumstances at the time.
In April 2020, the government will introduce a new 2% tax on the revenues of online marketplaces, search engines and social media platforms which derive value from UK users.
To help you get into the spirit of the upcoming tournament in Japan, Churchill Knight & Associates Ltd has created a 2019 Rugby World Cup Wallchart for you to download for free! Click on the button below and get your copy now – it also includes a sweepstake kit for you to use with your friends and colleagues.
A tax avoidance scheme is a system that is set up to increase take home pay by avoiding tax, whether that be via offshore loan schemes, trusts, or job boards. HMRC is cracking down on these schemes more than ever and targeting contractors for unpaid tax.
When it comes to closing down your limited company you may be concerned about how to close it down in the most tax-efficient way. A Members Voluntary Liquidation (MVL) is a tax-efficient way of closing down a limited company.
Businesses of all types, sizes and in all locations are at real risk of a cyber attack at any time. This could be due to security protection and strategies not evolving fast enough to defend against increasingly sophisticated cyber-attacks.
Are you considering a career change, looking to relocate for work opportunities or are simply after a change of scenery? We have created a list of the best UK cities to make your home as a contractor or freelancer.
