Introduction Information Technology plays an increasingly important role in every organisation. Charities and the...
With effect from April 6, charitable giving was given a boost by means of...
Tax Credits Renewal The deadline for renewal is 31 July 2012. If you don’t...
As Employment legislation is daunting for many managers and continuously changing we have asked Kieran McMahon, Principal Consultant from McMahon People Solutions to answer questions frequently asked by many employers. Do I have to keep paying for employees to attend doctor and dental appointments? There is no general statutory right to time off, either paid … Continued
Capital allowances are available on most purchases of plant and machinery, long life assets, integral fixtures and motor vehicles. The normal rule is that expenditure qualifies for capital allowances when incurred. This is generally the date on which the obligation to pay becomes unconditional. A person buying goods is legally required to pay for them … Continued
An initial reaction to the above question is that HMRC would be unlikely to allow such an expense in the accounts especially if the self-employed person wears glasses all the time. The general rule for calculating the profits of a trade is that no tax deduction is allowed for expenses not incurred wholly or exclusively … Continued