New tax free limit announced for company loans

New rules governing the amount of NI and tax free money a director can borrow from their own company has doubled. Prior to the rule change, a director could borrow up to a maximum of £5,000 with a low rate of interest (usually 4% or less per annum) or interest free...

Time to think about your tax return

The tax year to 5 April 2014 has just ended and if you have to fill in a tax return, now is the time to start putting your information together. The deadline to file the 2014 return is 31 January 2015, but it is never too early to start, especially if you think that...