Tax and Business
Models (673)
How to arrange coverFinding the right source to arrange your insurance is an important part of the process. You can either go direct to the insurance company or through an intermediary.... Read more
12 Nov 2019
Recovering the debt If it's time to go down the formal legal route, use this checklist to help weigh up your options and explain what's involved in attempting to recover your money. ... Read more
12 Nov 2019
VAT reduced rate evidence logWhere you provide construction services relating to buildings, you may be able to charge the 5% reduced VAT rate, instead of the standard rate, if you the property meets a number of conditions.Reduced rateThe reduced VAT ... Read more
11 Nov 2019
Non-audit engagement letterWhen you provide accounting and/or taxation services to clients, best practice dictates that you should issue them with an engagement letter to set out your mutual rights and responsibilities.EngagementThe engagement letter ... Read more
11 Nov 2019
Transfer of a going concern checklistIf you're VAT registered the default position when selling a business is that you must add VAT to the selling price. However, this won't be the case if the business is being sold as a going concern.Selling a busines... Read more
10 Oct 2019
EIS qualifying company checklistThe enterprise investment scheme (EIS) is a good way to incentivise external investors to buy shares and provide much needed capital for your trading company. Use this handy document as a first step to check whether yo... Read more
04 Sep 2019
Election to opt out of rental cash basisFor tax purposes accounts for income derived from property must be prepared on the cash basis unless the total income you receive from property exceeds £150,000 in a tax year. However, it can be advantageous n... Read more
29 Aug 2019
Property rental business loss relief claimIndividuals, including members of business partnerships, can claim a deduction in the tax liability on general income where their property rental business has made a loss and all or part of that loss results ... Read more
11 Jun 2019
Schedule of pre-registration expenditureIf in the four years before you register for VAT you incur expenditure for your business which includes VAT (input tax), you can reclaim it if conditions are met.Pre-trading expenditureIt is possible for you to... Read more
14 Feb 2019
Making an application to court under the Companies Act 2006There are occasions that require a company to make an application to court. Our summary takes you through the procedure. When is a court application necessary?There are numerous occasions in ... Read more
15 Jan 2019
