Tricia Blake, Diva Choice Limited

“The best accounting service for me, as a small business you need a friendly understanding service that caters to your needs, Accounts Navigator is that for me!”

Posted by admin on

31st May 2017

Categories

  • Loss Buying Restrictions

    Under qualifying circumstances, Corporation Tax relief is available where your company makes a trading loss. The trading loss can be used by offsetting the loss against other gains or profits of your business in the same or previous accounting period. The loss can also be set against future qualifying trading income. However, there are restrictions […]

  • The Optional Remuneration Arrangements Defined

    The Optional Remuneration Arrangements (OpRA) legislation was introduced with effect from 6 April 2017. The legislation counters the tax and NIC advantages of benefits where an employee gives up the right to an amount of earning in return for a benefit. This includes flexible benefit packages with a cash option, cash allowances and salary sacrifice. […]