tax | Active Ledgers

From the Virtual FD Newsroom

Blog: Blog2

National Insurance Increase

Despite the manifesto promise the government has broken its pledge on no tax increases. The government’s announcement of increases to...

Dividend tax increase

From 6th April 2022 if you pay Dividend tax the new NHS Levy will be applicable to you. You will notice the increase of 1.25% The...

What’s the best way to manage team expenses?

Monitoring expenses just for one person can be difficult enough, but when you have a team of people who all claim expenses you need to...

Are charitable donations tax-deductible for limited companies?

When you’re doing well in business it’s a nice gesture to be able to give to others less fortunate than yourself. Giving to others can...

5 reasons to give to charity

Charities rely on donations to make a difference to the cause that they are trying to help. The Coronavirus pandemic had a huge impact on...

Which Business Entertainment Expenses are Tax Deductible?

Business Entertainment is grouped into two categories, one being entertainment of employees and the second; entertainment of clients....

What type of Employee Entertainment is classed as Tax Deductible?

This year has seen the hospitality scene come back with a vengeance, so I am sure many of you will be taking full advantage of taking...

Three expenses you didn't know you could claim from your limited company

There’s enough for you to remember when running your business, so how do you remember what expenses you can and can’t claim for?...

What is Corporation Tax?

Corporation tax is the tax a limited company business needs to pay on its profits during a year. You must pay Corporation Tax on profits...