Do you charge VAT when you sell a company car?
The question of whether or not you are required to charge VAT when selling a company car depends on how the vehicle was
Car and travel costs if self employed
If you are self-employed, it is important to understand which car and travel costs can be claimed.
You can claim
Eligibility for Business Asset Disposal Relief
Business Asset Disposal Relief (BADR) can significantly reduce the Capital Gains Tax due when selling a business or
Payments made into employee benefit trusts constitute taxable income
A Tribunal recently ruled that payments made for work into a third-party trust constitute immediate employment earnings.
The rise of the silver economy
The term “silver economy” is used to describe the growing economic activity linked to an ageing population.