Gains realised on the disposal of the house or flat which an individual occupies as his or her main residence are generally exempt from UK capital gains tax. Nevertheless clients’...
Funds taken out of the company as a loan (i.e. not salary or dividend) that is not repaid within nine months of the end of accounting period will attract a liability to Section...
For cars purchased prior to 6 April 2009 (1 April 2009 for companies), expenditure was required to be allocated to a separate pool for each vehicle costing more than £12,000....
By concession, if a taxpayer incurs capital expenditure on replacing plant or machinery in a trade or a property business, a claim can be made for a deduction for the replacement...