Latest Newsletters for Contractors
Latest Newsletters for Contractors
10th December 2023
Tax Loopholes for Middle England
Updated: 8th July 2025 Securing Entitlement to a State Pension ‘Credit’ without actually paying any NIC. Entrepreneurs that trade through a limited company can set how and how much they are remunerated. It is possible to avoid paying any NIC, yet still obtain a ‘credit’ for that particular tax year for future state pension purposes, by paying…
8th November 2016
Flat Rate VAT
The flat rate VAT scheme is available to any business with annual taxable sales, excluding VAT, of £150,000 or below. Your annual taxable turnover includes standard, reduced and zero rated sales. Once you have joined the scheme you can remain in it until your total VAT-inclusive business income, at any anniversary of joining the scheme, exceeds £230,000.
8th November 2016
Sage50 Cloud Accounting
With the speed of internet connections increasing, combined with a reduction in cost, businesses are now considering operating their key software packages ‘online’. Broadband roll-out is nearing saturation point, meaning internet useage is transforming from a variable to a fixed cost, allowing you to ‘cap’ the total spend.
8th November 2016
Dividends Certified Eligible Remuneration Cost for EU Funding
By using approved CoMAv methodology, Whitings were successful in requesting that the European Commission reconsider their initial ruling that dividends are not eligible for reimbursement on FP7 projects. Many businesses work on collaborative projects, funded by the EC. These projects are regulated by the notoriously complex EC grant funding agreements. The most recent round…
3rd March 2012
Business Stationery Disclosures
Under UK company law, all limited companies and limited liability partnerships must make the following business stationery disclosures: Full company/LLP name, Place of registration, Companies House registration number, Registered office address, You may also decide, for commercial reasons, to make extra business stationery disclosures, which may include: Any trade names the business operates under, The…
3rd March 2000
Keeping Business Records
The length of time that business and tax related records should be kept depends upon which legislation they relate to. A brief simplified summary follows: Records Time Limits Company Statutory Registers Indefinitely Board Meeting Minutes/Resolutions Indefinitely General Meeting Minutes/Resolutions Indefinitely Details of Past Shareholders 20 Years Sealed Contracts 12 Years Corporation Tax Records 6…