Dealing with DLAs
Directors loan accounts can cause big problems for businesses. Here we discuss a recent example of how we helped tidy up this issue for a business in a way that led to an excellent outcome.
Non-qualifying activities in VCT investees
The 20% rule of thumb is gone. Private equity investors now have to keep a much more careful eye on the activities of companies that they invest in.
Funding pension property purchases
Property can no longer be contributed ‘in specie’ to pension funds. This note discussed how this change in HMRC practice impacts on companies that move the property they trade from into their business pension.
Assumption is the mother of all …
Hadee Engineering was a wake up call for people making R&D claims. Building claims based on assumed percentages of staff time is not good enough.