Posted in Value Added Tax
The transfer of a business as a going concern (TOGC) rules concern the VAT liability on the sale of a business. Normally the sale of the assets of a VAT registered or VAT registerable business will be subject to VAT at the appropriate rate.
However,
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Where a property business makes a loss, the loss can usually be carried forward and set against future rental business profits.
HMRC’s guidance is clear that any losses made in one rental business, cannot be carried across to any other rental
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Are you self-employed?
HMRC’s guidance says that you are probably self-employed if you:
run your business for yourself and take responsibility for its success or failure;
have several customers at the same time;
can decide how, where and
Posted in Employee Benefits
How much maternity leave can you take?
If you work as an employee and become pregnant you are eligible to take up to 52 weeks of statutory maternity leave. This is made up of 26 weeks of ordinary maternity leave plus an extra 26 weeks of additional
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