What are capital allowances on cars?

What are capital allowances on cars?

Capital allowances on cars is one of those subjects that often surprises people when it comes time to do a corporation tax return. This is because instead of claiming depreciation as a deduction you have to claim capital allowances and these can often be different to...
Agencies – should you set up a subsidiary?

Agencies – should you set up a subsidiary?

If you run an agency then you may wonder whether you should set up a subsidiary. As agencies grow, many develop a group structure with several different subsidiary businesses all doing different things or serving different niches. There are some very good reasons why...
5 things to think about when appointing new directors

5 things to think about when appointing new directors

If you are thinking about appointing a new director then there are some important point you really do need to consider before you go ahead. You can ask anyone to help in your company, and you can employ  anyone you like (within reason) but a directorship of a limited...
Dividends, How much can you actually take?

Dividends, How much can you actually take?

If you own a limited company then you are entitled to take cash in the form of dividends and whilst that can be a very tax-efficient form of directors pay there are some things you need to be aware of. In this post, we’re looking at the issue of dividends and...