The end of the tax year means one thing - finalising your profit extraction plan. Your director’s loan account is overdrawn but you know you have several months to pay it off. Can you save money by paying it now?
S R Lynn & Co·Blog
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A recent Tribunal case ruled that HMRC’s logic was flawed in dealing with a “what is the supply” challenge. Does this mean you should check that you are charging VAT correctly on your sales if there could be doubt about what you are selling?
There’s no doubt that landlords have been on the receiving end of multiple tax hikes in recent years. So called “property experts” will tell you that the best tax-saving strategy is to operate through a company. Are they right?
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