politics
Are prize draws VAT exempt?
A) Item 1, group 4 of schedule 9 of the VAT Act 1994, states the ‘playing of any games of chance for a prize’ is an exempt supply. ‘Prizes of goods and se...
Category: Politics
politics
What does a remuneration package include?
Remuneration includes payment of salary or wages for work performed by an employee but can also include non-monetary incentives and benefits. Is remunerat...
politics
What does it mean when a company declares a dividend?
Definition: Dividend refers to a reward, cash or otherwise, that a company gives to its shareholders. Dividends can be issued in various forms, such as ca...
politics
Can you marry your aunt in Scotland?
It is against the law in Scotland to marry the following blood relatives: parent. child. grandparent. Is a marriage in Scotland legal in England? Marriage...
politics
Can I backdate my self-employed grant?
Payments for the first grant are backdated to 1 March 2020. To make sure no one who needs it misses out on support, the government did allow anyone who mi...
politics
What happens if you owe VAT?
What happens if I do not submit my return or pay my VAT bill on time? If HMRC do not receive your VAT return by the deadline, or if you fail to make full ...
politics
Can you start a dog grooming business?
For example, in New South Wales you will need to comply with the Animal Welfare Code of Practice No 8 – Animals in Pet Grooming Establishments. You can ac...
politics
When can I claim 5th Self Employment grant?
Claim the fifth grant if you think that your business profit will be impacted by coronavirus (COVID-19) between 1 May 2021 and 30 September 2021. You’ll n...
politics
Is it illegal to pay a builder cash in hand?
Is It Illegal to Pay in Cash? The short answer to this is no. There’s nothing illegal in paying builder in cash, for them to request cash or offer a disco...
politics
Do you have to use trading losses brought forward?
Carry forward a UK property business loss If your company has unused losses from its property business, it can generally carry them forward to future acco...
politics
Can I trademark a sole trader?
Even if you intend to work as a sole trader, you should not disregard your business or trading name. However, a sole trader does not enjoy this type of pr...
politics
Can I close a limited company and start again?
In short, yes you can close a limited company with debts and start again, however, there are strict rules to be followed and if there is a claim that it h...
politics
Are student loan payments tax deductible us?
While you might need to take out a student loan to help cover the cost now, the investment you make in your education is sure to pay off in the long run. ...
