Local accountants and tax advisers, Trueman Brown, have some advice for local VAT-Registered businesses importing goods into the UK. The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of...
Local accountants and tax advisers, Trueman Brown, look at the grants to support small businesses after the lockdown if you are unable to trade. Many businesses have been forced to close as a result of the national and local restrictions introduced to slow the spread...
Local accountants and tax advisers, Trueman Brown, advise that company pension scheme may be a tax efficient way of paying employees remuneration. Despite on-going speculation that the government will intervene at some point, for now, making contributions into a...
Interest paid on loans used for qualifying businesses purposes should be eligible tax relief and can save up to 45% of the cost of the interest. The repayment of the capital element of a loan is never deductible for income tax relief purposes. However, interest paid...
Local accountants and tax advisers, Trueman Brown, advise local employers that there is a way to celebrate Christmas with employees and it could be tax-free! Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still...
Recent Comments