Month: May 2017

+

Is Your Business In Sleep Mode? Critical Issues For Dormant Companies

Currently, the IR35 is heating the public sector and is affecting a lot of NHS doctors that are working as a locum via limited companies. Because of IR35, the trust or the agency are using the blanket approach to push everyone into either PAYE or umbrella companies. As a result, lots of locums would stop using limited companies. Those companies would be inactive. And … Read More Is Your Business In Sleep Mode? Critical Issues For Dormant Companies

+

Taxable vs Non-Taxable Income (in the UK)

Not all income are created equally. We all think it is good when receiving money but there are different ways to receive it. The most common way to receive money is by earned income i.e. we earn income by exchange of value. The other way is if you sell some assets, for example if you sell a property or car and it is not … Read More Taxable vs Non-Taxable Income (in the UK)