by Oasis Accountants | Jun 23, 2023 | Newsletter
It is common for family members to be employed within owner-managed businesses. When employing family members, taxpayers need to be aware that where remuneration is set at an uncommercial rate, HMRC may seek to disallow a portion of the expense when computing their...
by Oasis Accountants | Jun 16, 2023 | Newsletter
Published On June 16, 2023The section 455 tax charge is a specific tax charge levied on a close company where a loan to a ‘participator’ (normally a shareholder) is not cleared by the corporation tax due date falling nine months and one day after the end of the...
by Oasis Accountants | Jun 9, 2023 | Newsletter
Incorporating A Company When starting a business, it is usually as self-employed or as a partnership. As the business grows, working through a company may be considered for several reasons (limited liability being one of the more important). Tax is no longer a...
by Oasis Accountants | Jun 2, 2023 | events
Business Awards 2021/2022 > Resources > Events Published On June 2, 2023 Business Awards 2021/2022 > Resources > Events Published On June 2, 2023 Recent Posts 5 signs you’ve outgrown your DIY accounting solutions February 14, 2024 Buying property through a...
by Oasis Accountants | Jun 2, 2023 | Newsletter
Owner-managers can extract funds from the company in various ways. Typically, the working shareholders may well, in addition to drawing a normal salary, decide whether to extract surplus profits by means of a bonus or dividend. Hitherto, the high levels of National...
