Compensating a departing director or employee

5th April 2024 by Joanne Stoneman

A dispute in the boardroom has resulted in one of the directors resigning from the firm. A financial settlement has been agreed to prevent the departure becoming acrimonious. Can the company apply the £30,000 exemption to the payment?

Improving cash flow to help pay corporation tax bill

3rd April 2024 by Joanne Stoneman

Last year produced a good profit with a correspondingly high tax bill. Conversely, the current year will show a small loss. This has left the company with insufficient funds to meet the tax bill. How might a change of accounting date help its finances?

Building certificates needed for 0% VAT

22nd March 2024 by Joanne Stoneman

If you provide construction services on a new building to be used for a relevant charitable or residential purpose, or sell a new building to the users, your supply will be zero-rated. But what documents must you get?