Following the end of the tax year, you are required as director of your own limited company to produce dividend vouchers for all dividends that were declared in the tax year. We explain dividend vouchers and why they’re required by HMRC.
Being a contractor with a limited company comes with a few responsibilities, including filing an annual set of statutory accounts with Companies House and HMRC. Find out more about annual (yearly) accounts and when you are due to complete and file them.
Unless the income meets the Furnished Holiday Accommodation (FHA) criteria, short-term property rentals are usually seen as ordinary rental income. Please continue reading for more information about short term lets.
Our latest article is part of our dedicated series of guides for landlords. Find out more about transferring buy-to-let properties to a business and how we can help.
There are three main routes you can take to set up your property investment business. Take a look at our latest article to discover what your options are and what the best route for you and your business.
The tax implications of rental income, or income from flipping properties, differ depending on the type of letting undertaken and the chosen structure. The most common method of purchasing buy to let properties is doing so personally, or opening a limited company (referred to as a ‘special purpose vehicle‘, or simply a ‘SPV’). Find out more about buy to let properties and how we can help you.
With changes to off-payroll in the private sector legislation going live in April 2021, you may be considering the closing down of your limited company. Continue reading to discover the points you should consider when deciding whether closing down your limited company is the best option for your circumstances.
Are you wondering how to become a contractor in the UK? Our 5-minute guide will help you get to grips with contracting and preparing for the next steps in your career.