As an employee, it is normal to receive and to be taxed on the worker’s salary, wages and bonuses for the work performed in the employment. However, employers may also wish to remunerate the employee by providing benefits-in-kind. These additional benefits are also taxable, but on what value of this benefit does the employee need […]
How Much is My Benefit-In-Kind Worth? Read More »
When considering the best vehicle through which to operate a business, tax is a major consideration which can affect that decision, but it’s not the only one; practical and legal issues should be considered as well. A limited company is a ‘body corporate’ (i.e., a separate legal person). The company owns the assets, the profits,
New Business: Company Or Partnership? Read More »
If you are the one who is also planning to move to the UK, you need to gather the basic information about the basic of the low down on income tax and how is it implemented in the UK. Before getting into the lengthy details, it is imperative to mention here that tax affairs have
The Low-Down on Income Tax in the UK for Foreigners Read More »
