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Business Entertainment Expenses: What Can You Claim?
In most cases, the cost of entertaining is not tax-deductible, and VAT is not recoverable on expenditure. However, HMRC rules are complex, and VAT can be reclaimed in certain circumstances. Contact Thomas Nock for tax advice for your business.
Claiming Entrepreneurs’ Relief On Shares (When You Don’t Own Enough)
Entrepreneurs' relief (ER) applies to any material disposal of business assets. This includes shares and securities. Claiming entrepreneurs’ relief reduces the amount of Capital Gains Tax payable when you sell shares in all or part of your business. Find out more.
Claiming Capital Allowances When Relocating Your Business
Thomas Nock Martin can provide advice on maximising tax relief for capital expenditure. At the same time, helping you bag some extra cash in the process of relocating your premises.
The Most Tax Efficient Ways to Manage A Director’s Loan Account
If you’re looking for answers about tax on director’s loans or for expert director’s loan account advice, head to our website today. Thomas Nock Martin can help you determine the most financially beneficial option for a repayment of a directors loan to a company.
Profit Taking Strategy – What You Need To Know
Thomas Nock Martin offer a profit taking strategy to enable you to withdraw accumulated capital from your company, tax efficiently. Find out more.
Capital Allowances on Buildings | What You Need to Know
The SBA means that businesses are entitled to a new tax relief. If you build, buy or lease a structure and all construction contracts were signed on or after 29 October 2018, you may be able to claim tax relief. Find out more.