Can you borrow money from your limited company?
The simple answer is yes you can borrow money from your limited company, but there are tax consequences so it’s important you understand what you are doing. From time to time directors of a company may wish to…
Is the Christmas party tax allowable?
It may only be October, but many of us will have already booked our work Christmas parties and functions to celebrate. But what are the costs to your business of the Christmas party and what is tax allowable…
What’s the difference between a realised and an unrealised gain or loss?
Many businesses deal in more than one currency these days, both buying and selling, and this results in realised or unrealised gains or losses in their accounts. But what is the difference between realised and unrealised, and how…