An overdrawn director's loan account becomes a company asset that must be repaid by the director personally. What can directors do to avoid the risks associated with this?
Businesses with a global turnover of €750m or more could have additional registration and filing requirements in the UK – irrespective of the size of their UK presence.
Businesses will soon be required to capitalise operating leases as a ‘right of use’ asset following a significant change under FRS 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland.
Farmers and landowners who lose land under a Compulsory Purchase Order for a new road scheme have many things to consider, including Capital Gains Tax, and legal or valuation issues.
One announcement at the 2024 Autumn Budget, that may well have slipped through the net of some businesses, is the changes to business rates. Businesses will need to ensure that their rateable value for the property is fair and updated.
This age represents a significant juncture in pension legislation that affects several aspects of your retirement planning, including how your pension is managed and the tax implications associated with it.