Tax Implications of a Directors Loan Write Off If your company is considering a directors loan write off, it’s crucial to understand the tax consequences from the outset. A directors loan write off is not just an internal bookkeeping decision — HMRC treats it as a...
Getting to Grips with VAT Errors: Why Correction Matters It is surprisingly common for businesses to make VAT errors when completing their VAT returns — whether by mis-entering figures, omitting transactions, or misunderstanding the rules. But once those VAT errors...
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