If you put your investment property up as security for a loan and that security eventually gets called in you could end up with a tax bill. However, there is something you could be doing to avoid
this problem. What needs to be done?
Published 23.09.2004
If you use output or piece workers, chances are you’ve entered into a fair estimate agreement to cover the work they do. However, this practice will no longer be allowed after October 1. So what will
replace it?
Published 23.09.2004
The Taxman recently sent out letters attacking the self-employed status of certain workers. Could this new tactic affect you?
Published 23.09.2004
The Taxman’s been asking a few questions. However, he says he’s never received a reply and has now imposed a daily penalty for non-compliance. Recent case law in this area may help, read on…
Published 23.09.2004
Generally, the Taxman won’t let you deduct the cost of entertaining customers from your profits. However, there are ways to ensure that certain costs are tax deductible. How is this done?
Published 23.09.2004
You sensibly contribute to a personal pension providing for retirement and get tax relief along the way. But is this the most efficient way of pension funding or can savings be made?
Published 23.09.2004
Like the dismissal and disciplinary procedures, the new statutory grievance procedures take effect on October 1. So how will your procedures for dealing with staff grievances have to change (if at
all)?
Published 23.09.2004
With increasing property prices and low interest rates, being an amateur property developer makes financial sense. However, there could be dire tax consequences to this hobby. What do you need to
know to avoid them?
Published 23.09.2004
The VATman’s aggressive approach to innocent traders caught up in “carousel” VAT frauds isn’t confined to mobile phones or computer chips. Your industry could be next! So what should you be doing?
Published 23.09.2004