For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders and if a shareholder(s) owns 75% or more of the shares they, control...
HMRC have released a new online tool to help taxpayers understand what their tax code means. Tax codes play a pivotal role in the “Pay as you earn” (PAYE) system, guiding employers on income tax withholding. These codes are subject to periodic alterations...
Navigating the world of taxes as a self-employed individual can be a daunting task. The ever-changing regulations and guidelines can leave you feeling overwhelmed and uncertain about your financial responsibilities. Fortunately, the UK’s HM Revenue and Customs...
In the face of persistent inflationary pressures within the UK, individuals and businesses alike are grappling with the need to realign their financial strategies for the short and medium term. Recent measures taken by the Bank of England saw interest rates rise by a...
HMRC have recently targeted businesses running nursing or care home and warned them about the risk of making research and development tax credit claims. They say that agents and advisors approach businesses like theirs and encourage them to make claims. In...
