by Oasis Accountants | Aug 9, 2023 | Newsletter
Published On August 9, 2023Government support includes the enterprise investment scheme (EIS) and its sibling, the seed enterprise investment scheme (SEIS) – venture capital schemes designed to encourage, by means of attractive tax reliefs, shareholding investment in...
by Oasis Accountants | Aug 3, 2023 | Newsletter
Claiming tax relief for employment expenses It is always a question of understanding when relief is available and, if it is, how the relief can be claimed. The General Rule Deduction is allowed from earnings for an expense if the employee is obliged to incur and pay...
by Oasis Accountants | Jul 28, 2023 | Newsletter
Paying dividends to close family members: Tax traps In a family company scenario, it can be tax-efficient to make salary and dividend payments to family members to utilise their unused allowances and lower-rate tax bands. However, when it comes to paying dividends,...
by Oasis Accountants | Jul 21, 2023 | Newsletter
Concept Of ATED Annual Tax on Enveloped Dwellings (ATED) is payable by companies owning residential properties valued at more than £500,000. ATED return needs to be filed if your property: Is a dwelling. Is in the UK. Valued more than £500,000. Is owned completely or...
by Oasis Accountants | Jul 14, 2023 | Newsletter
VAT: An inspector calls! A business will have a visit from a VAT inspector for one of two reasons; a routine visit after selection by the HMRC computer based on the type of business and the level of turnover, or if the business has an unexpectedly large VAT repayment....
by Oasis Accountants | Jul 7, 2023 | Newsletter
The closure of a company can be costly, and there will be various practical financial matters to attend to: for example, if there are staff they may be entitled to redundancy pay; there will possibly be VAT deregistration; the submission of final accounts and tax...
