Indicator - FL Memo
Telephone: (01233) 653500. Fax: (01233) 647100 customer.services@indicator-flm.co.uk - www.indicator-flm.co.uk
Calgarth House, 39-41 Bank Street, Ashford, Kent TN23 1DQ VAT GB 726 598 394. Registered in England. Company Registration No. 3599719
[telephone_number] => (01233) 653500
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[city_county] => Kent TN23 1DQ
[country] => United Kingdom
[website1] => www.indicator-flm.co.uk
[loyalty_agent] => Gemma Rump
[loyalty_phone] => (01233) 438022
[city] => Ashford
[webshop] => http://www.indicator-flm.co.uk
[loyalty_time] => <strong>Contact online support for any issues relating to the use of this online solution</strong>, for example logging in, using the search facility, understanding how the resources differ, how to save content, etc. <br />
If you have a <strong>technical question</strong> about <strong>content</strong>, please contact our <strong>dedicated Helpline</strong>.<br />
Mariam, your online support, can be <strong>contacted during normal business hours</strong>:
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[vat_value] => GB 726 598 394
[website2] => www.flmemo.co.uk
[emailcs] => customer.services@indicator-flm.co.uk
[fax_number] => (01233) 647100
[street_number] => 39-41
[street_name] => Bank Street
[loyalty_mail_from] => Gemma Rump - Online support
[company_name] => Indicator - FL Memo Ltd
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Search - Tips & Advice Business Database
Your accountant has prepared your company’s first tax return. It excludes tax deductions for loan interest paid before the business commenced. She says it can only be claimed against income for later
years, if at all. Is this correct?
You’ve not drawn salary from your company for the last three months because its income was significantly reduced. It’s now improving and you’re restarting your salary next month. Is it worth paying
yourself the arrears?
HMRC is disputing the tax deduction claimed by your company for costs it incurred on training employees for a new business venture. Your accountant is adamant they are tax deductible. Who’s right?
HMRC’s webinar on trivial benefits for employees gives helpful guidance about income tax and NI but doesn’t tackle the corporation tax and VAT consequences. If you intend to provide trivial benefits
what do you need to know about these?
The main corporation tax (CT) rate increases to 25% in April 2023. But how might your company use the higher rates to its advantage by paying extra pension contributions for its directors?
You’ve used your personal savings to fund a start-up. You expect it to take a year until it will be financially self-sufficient. You can’t see the point of taking a salary from the company until
then, but might you be losing tax and other advantages?
Usually your company makes a substantial pension contribution for its directors. But projections show only a modest profit for this year which won’t be enough to cover the pension payments. Is it
still tax efficient for it to go ahead?