Monthly Archives: May 2015

27 05, 2015

Benefits in Kind

By | May 27th, 2015|Publications|Comments Off on Benefits in Kind

Benefits In Kind (BIK) The area of additional benefits or prerequisites, perks for short has been a focal point for revenue for a number of years. It is a topic that like all taxes evolves over time. In a nutshell any benefits received by an employee from their employer is taxable as notional pay [...]

12 05, 2015


By | May 12th, 2015|Publications|Comments Off on VALUE ADDED TAX (VAT) AND DEREGISTERING

Value Added Tax (VAT) is a minefield for many people in business and it is something we are asked about by our clients on a regular basis. Most people ask us how they can avoid it!  VAT THRESHOLDS It is not possible to avoid VAT however if your business generates a turnover from the [...]

5 05, 2015

New Companies Act 2014 – Part 2

By | May 5th, 2015|Publications|Comments Off on New Companies Act 2014 – Part 2

In our last article we spoke about the Introduction of the new Companies Act 2014 which is due to come into effect this June, with a particular focus on the two main types of private companies which will exist under the Act – that is Company Limited by Shares (“LTD” – sometimes referenced as “CLS”) [...]