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The Eighteen Points that Guarantee the Success Of An Internal Audit Mission The internal audit function is carried out in most companies and development organizations by experienced managers. The success of an internal audit mission requires mastery of the auditor’s

  The British Treasury has established a tax on digital services, which will enter into force on April 1, 2020.   The UK digital tax will levy companies whose activity relates to search engines, social media platforms or online sales

Research and Development (R&D) Tax Credit A range of companiesthat invest in innovative projects in science and Technology may enjoy Research and Development (R&D) relief for work done to research or develop an advance in their field excluding any advance

Tax Free Childcare !  Tax free childcare, As childcare voucher scheme offered by employers are not available to new applicants after October 2018, replaces with new system. It requires serious understanding regarding which one is better of two i.e. employer

To thrive, a company needs to make a profit. Basic accounting is important in determining whether sales are greater than expenses. Although the principle seems simple, finding the areas where an organization spends and earns money is potentially difficult and is only

PRIVATE PENSION CONTRIBUTION FOR DIRECTOR – WHAT MATTERS? By the time you may have contributed certain amounts into your employee’s pension fund as a part of government auto-enrollment, however, the future is uncertain for all be an employee or the

HMRC LOAN CHARGE REVIEW 2019- GUIDANCE AND UPDATES Tax avoidance arrangements are often known as Disguise remuneration schemes that look to evade Income Tax and National Insurance Contributions (NIC) by remunerating scheme users their emoluments in the form of loans/advances.

Inheritance Tax- Family home allowance With rising property prices in recent times many families in the UK have been elevated to millionaire status and therefore dealing with the inheritance tax (IHT) implications that accompany it. Inheritance Tax is a tax

What is IR35 | Off-payroll Tax IR35 was intended to stop temporary workers functioning as ‘disguised employees’, by imposing a similar tax rate as to employment?  New ‘off-payroll’ rules were executed in April 2017 for contractual workers working for public

Delay in CIS VAT Reverse Charge Construction Industry  HMRC has finally responded to businesses who have had serious concerns about CIS reverse charge implanting early as 1st October 2019. HMRC has finally announced this is to be delayed by at