How much can you borrow from your company?

As directors, you and your colleagues hold the company’s purse strings. You can even borrow cash from it, but if you do company law imposes conditions. What are they and do you really have to bother with them? In theory As a director shareholder of a small...

Funding for Lending scheme extended

The Bank of England has announced that the closure of its Funding for Lending scheme for SMEs has been deferred. How might this help your business obtain additional finance? Extended scheme At the end of November 2015, and with the backing of the government, the Bank...

Tax relief at Christmas – A reminder of the rules.

There’s no better time to reward staff and customers than at Christmas. But the tax man is less generous than Santa and there are certain clauses you need to be aware of before you start popping £50 notes into envelopes to hand out over mulled wine round the office...

HMRC Director Jennie Granger reveals new investigations plans

As ‘HMRC Director of General Enforcement and Compliance’, Jennie Granger is ideally placed to give accountants specialising in tax a sneak preview of the revenue’s plans for 2016.  Speaking at the PFP annual conference Ms Granger gave the profession some helpful...