Under the Companies Act 2006, dividends can only be paid from realised profits, never from...

The Money Purchase Annual Allowance (MPAA) is a pension rule designed to prevent individuals from...

If you cannot pay your tax bill, it’s crucial to contact HMRC as soon as...

Company directors have a legal duty to act responsibly and in the best interests of...

The question was raised as to whether, in a tripartite agency relationship, an employment relationship...

A management buyout keeps the business in familiar hands. The team that already understands customers...

Why cash flow matters Profit is important, but cash pays wages, suppliers and loan repayments. Even...

Know the rules for contractors & subs under CIS to avoid issues with HMRC. Under the...

HMRC requires businesses to maintain accurate VAT records to ensure correct tax payments. While all...

Trustees must manage assets, follow tax rules, and register with HMRC where required. A trust is...

Banks must now give 90 days’ notice before closing accounts, giving customers more time to...

SMI loans can help pay mortgage interest for those on benefits, but repayment is due...

HMRC’s Time to Pay lets eligible taxpayers spread tax bills over time, avoiding immediate enforcement...

A recent ruling has provided a timely reminder that substance trumps form in employment status...

For many small business owners, the focus is on day-to-day operations. However, building long-term value...