Your Accounting Questions Answered
What are LEL, PT and UEL in National Insurance?
We explain Class 1 Nationanl Insurance thresholds
How much interest can I charge on my Director’s Loan?
We explore how much interest can be charged on Directors Loans
How much S455 Tax will I pay on my overdrawn Director’s Loan Account?
We explain how much S455 Tax is due on overdrawn Directors Loan Account balances.
Can I vote dividend if there is no retained profit?
We look at the concept of illegal dividends
What is Qualifying Income for MTD for Income Tax Self Assessment?
We define Qualifying Income for MTDITSA
What VAT should I charge for services to my overseas client?
Learn about place of supply rules for VAT on services
Why can’t I see VAT on my Government Gateway?
We explain why you might not see a tax on your Government Gateway
How do I make Company Pension Contributions?
We set out what is needed for a pension contribution to be treated as a company contribution for tax.