Tag: accountants for small businesses

Bookkeeping Services for Financial Records

RTI-Important facts of RTI interest for Employers

It is essential for employers to know that RTI does not do real-time adjustments for the PAYE accountants debt. Each month is treated as a separate period for which interest calculation is performed. 19th of every calendar month is the last day for any adjustments/amendments you can make to the PAYE amount due for the […]

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Capital Gains Tax

CORPORATE TAX RATES – 2013-14

CORPORATE TAX RATES – 2013-14 Rates for financial years starting on 1 April  Rate 2013 Small profits rate* 20%* Small profits rate can be claimed by qualifying companies with profits at a rate not exceeding £300,000 Marginal Relief Lower Limit £300,000 Marginal Relief Upper Limit £1,500,000 Standard fraction 3/400 Main rate of Corporation Tax* 23% […]

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Buying a Car through Limited Company

Buying a Car through Limited Company

If Company Buys: On Full Payment If you buy a new car through your company then it will attract capital allowance. The amount of capital allowance will depend on the amount of CO2 emission by the car. If CO2 emission is 75g/km or less (50g/km from April 2018) then the capital allowance (First Year Allowance […]

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