BIZORB'S PICK Tax And Employee Share Schemes

Tax And Employee Share Schemes

Tax And Employee Share Schemes 3.00/5 (60.00%) 1 vote
Friday 15th September 2017

Overview If your employer offers you company shares as part of a government approved share scheme you get tax advantages, like not paying Income Tax or National Insurance on their value. Approved schemes are: Share Incentive Plans Save As You ... Read More »

Accounts And Tax Returns For Private Limited Companies

Accounts And Tax Returns For Private Limited Companies 5.00/5 (100.00%) 1 vote
Friday 15th September 2017
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Overview At the end of its financial year, your limited company must prepare full (‘statutory’) annual accounts. You then use this information to: Send accounts to Companies House Send a Company Tax Return to HM Revenue & Customs (HMRC) Pay Corporation Tax – or tell HMRC that your limited company doesn’t owe any Action Deadline ... Read More »

Running A Limited Company

Running A Limited Company 5.00/5 (100.00%) 1 vote
Friday 15th September 2017
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Directors’ responsibilities As a director of a limited company, the law says you must: Try to make the company a success, using your skills, experience and judgment Follow the company’s rules, shown in its articles of association Make decisions for the benefit of the company, not yourself Tell other shareholders if you might personally benefit ... Read More »

Tax On Buying And Selling Shares

Tax On Buying And Selling Shares 3.00/5 (60.00%) 1 vote
Friday 15th September 2017
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Buying shares When you buy UK shares, you pay a tax or duty on the transaction. This is called Stamp Duty Reserve Tax for ‘paperless transactions’. It’s deducted from what you pay for the shares – this might be different from their current market value. For transactions using a stock transfer form, you pay a ... Read More »

Tax On Company Benefits

Tax On Company Benefits 2.50/5 (50.00%) 2 votes
Friday 15th September 2017
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Overview As an employee, you pay tax on company benefits like cars, accommodation and loans. The amount of tax you pay depends on the value of the benefits that you get. Your employer takes the tax you owe from your wages. You’ll always pay tax on benefits from your job if: You’re a company director ... Read More »