by David Merrifield | Oct 25, 2018 | HMRC notices
Students that have finished their studies and entered the workforce, must begin to make loan repayments from the April after they have finished their studies or when their income begins to exceed the annual threshold. The annual threshold amounts for 2019-20 have been... 
by David Merrifield | Oct 18, 2018 | HMRC notices
If a taxpayer owns a business as a sole trader or in partnership, a capital gain will be deemed to arise if the business is converted into a company by reference to the market value of the business assets including goodwill. This may give rise to a chargeable gain... 
by David Merrifield | Oct 11, 2018 | HMRC notices
There are special rules for businesses that import goods from non-EU countries. Whilst most smaller businesses importing goods will use a courier or freight forwarder it is still important to be aware of the duties and VAT implications. Businesses importing goods must... 
by David Merrifield | Oct 3, 2018 | HMRC notices
The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can take a taxpayer’s donation and provided all the qualifying conditions are met, can reclaim the basic rate tax allowing an extra 25p on every £1... 
by David Merrifield | Sep 5, 2018 | HMRC notices
Student Loans are part of the government’s financial support package for students in higher education in the UK. They are available to help students meet their expenses while they are studying, and it is HMRC’s responsibility to collect repayments where the... 
by David Merrifield | Aug 29, 2018 | HMRC notices
There are four tax-advantaged Venture Capital Schemes currently available: The Seed Enterprise Investment Scheme (SEIS) The Enterprise Investment Scheme (EIS) Venture Capital Trusts (VCTs) and The Social Investment Tax relief (SITR) There are a significant number of...