Did you know that as a limited company director, you could get yourself and your employees (if you have any) gifts several times a year and have the cost treated as tax-free? The caveats (yes, there are always some) are that they can’t be: cash or cash vouchers contractual entitlements rewards for performance/effort £50 or … Continue reading
I’m going to assume that we all know what an association is, and for the purpose of this post, I’m concentrating on trading associations owned by all members. The purpose referred to above is suggesting favourable 1. Corporate structure; 2. Trading style; and 3. Tax regime to adopt. CORPORATE STRUCTURE Consider incorporation (ie Limited) if … Continue reading