Limited Liability Partnerships

Upminster Accountants, Trueman Brown, like to keep their clients up-to-date with the latest developments. A limited liability partnership (LLP) is not a partnership but a body corporate with a difference – there are no shareholders or guarantors (as there would...

NIC and company directors

Essex Accountants, Trueman Brown, have some advice for employees who incur expenses in performing their duties. Special rules apply to company directors when it comes to calculating their Class 1 National Insurance liabilities. Why the rules Directors, particularly of...

SDLT Multiple Dwellings relief

Romford Accountants, Trueman Brown, like to keep their client’s up-to-date with the latest developments. Multiple dwellings relief’ (MDR) allows a rate to be charged at the percentage payable on the ‘average value’ price (referred to as the ‘Average Value SDLT’...

Tax Relief On Loans To Close Companies

Basildon Accountants, Trueman Brown, like to keep their client’s up-to-date with the latest developments. Family and personal companies are often ‘close’ companies. Broadly, this is one that is controlled by five or fewer shareholders or any number of...

Termination payments and Class 1A National Insurance

Basildon Accountants, Trueman Brown, like to keep their client’s up-to-date with the latest developments. As the Coronavirus Job Retention Scheme comes to an end, employers with employees who are still on furlough will need to decide whether they are able to...