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Myths and Student Loans

Student Loans are part of the government’s financial support package for students in higher education in the UK. They are available to help students meet their expenses while they are studying. The Student Loans Company (SLC) is a non-profit making

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Implementation of the loan charge

HMRC has published further guidance on the implementation of the loan charge and has made clear there will be no special settlement terms. This follows an independent review earlier this year into whether the loan charge was an appropriate way of

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Companies House resumes strike-off process

Companies House has confirmed that the temporary measure to suspend compulsory strike-off action will be lifted from 10 October 2020. The temporary measure to pause compulsory strike-offs started in April 2020 in response to the coronavirus pandemic.

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Connected persons CGT and other taxes

The definition of a connected person for tax purposes can be complex and varies depending on the circumstances. A statutory definition of “connected persons” for tax purposes is set out in Section 839 of the Income and Corporation Taxes

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Greening of Scotch Whisky

Needless to say, the greening does not refer to the colour of whisky. The Green agenda has received endorsement from Scotland’s world famous distilleries who are aiming to cut their emissions by almost half a million tons of CO2 every year. The

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Lockdown – be ready for the unexpected

One of the more insidious effects of the coronavirus outbreak is its unpredictability. Businesses need to plan. To achieve this there needs to be an underlying, stable economic platform. Lockdown - whether locally or nationally applied - removes the

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Want to start your own business?

One of the consequences of recession, such as the present downturn in activity caused by the Coronavirus outbreak, is the likelihood that many will face redundancy as employers try to manage the process. In the past, this shake out process seems to

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Tax and company cars

Most employers and employees are aware of the additional costs of providing company cars and the tax implications they create. However, for many employees the lure of having a company car means that this remains a very popular option. There are some

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Why use the VAT Cash Accounting Scheme

Under standard VAT accounting, you pay VAT on your sales regardless of whether your customer has paid you. Under the Cash Accounting Scheme, VAT does not need to be paid over until your customer has paid your invoice. Your business can enter this

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