A relatively new building contractor client — who trades through a limited company — has recently brought in his first year's records. Despite our advice to the contrary, instead of treating his own...
Mr K is 57 years old and owns a financial services company (N Ltd) which employs four other people. 50% of the shares are owned by him and 50% by his wife, the company secretary. Mr K is also a...
Our client normally has an annual summer meal/party for her dozen employees. The cost is below the £150 per head exemption provided for in ITEPA 2003, s 264.
The client has read that employees can be...
We act for a residents association which is a limited company. It is set up in the common manner, with the company owning the freehold of a block of flats and each resident holding a lease from the...