Our Blog

24 Mar 2020

Coronavirus Job Retention Scheme- Guidance for employers

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.

07 May 2019

What can directors claim from their personal expenses

Oh, it’s fine! I’ll just cover it through my company’s card”, is an expression we all may have come across in our lives. But there is a common dilemma among directors, especially of small companies as to what they can and cannot claim as a tax-deductible expense. Knowing what to claim as tax-deductible expenses is a simple way to keep your business tax efficient as your profit would be lesser ending up in you paying lesser corporation tax.

21 Mar 2019

Annual tax on enveloped dwellings (ATED)

ATED is an annual tax charge payable by onshore and offshore corporate entities, including companies, partnerships with corporate members, or other collective investment vehicles, such as unit trusts or open ended investment companies, that own wholly or partly, UK residential properties (“dwellings”) valued above certain amounts.

14 Feb 2019

Preparing for the Payroll Year End

While the end of the calendar year can bring festivity, celebrations and parties, the end of the financial year can be busy for many companies in regards to the HR/payroll department, ensuring a high level of accuracy and maintaining records in a timely manner.

25 Sep 2018

Let’s get ready for new CGT payment for residential property

From 6th April 2020, HMRC is introducing new Capital Gain Tax (CGT) payment on account when a chargeable residential property is disposed by individuals or trusts.

12 Sep 2018

Offshore Assets - Requirement to Correct - Act before it’s too late

There is nothing wrong with having investments overseas as long as you declare all taxable income and gains on your UK tax return.

15 Aug 2018

Sole Trader/Partnership or Limited Company?

Many people ask us when starting a business which business structure should they use. There are many reasons why one person may choose to operate as an unincorporated business over a company but today we will look at the financial side only.

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Reddy Siddiqui LLP, 183-189 The Vale, Acton, London W3 7RW

Reddy Siddiqui is the trading name of Reddy Siddiqui LLP, a limited liability partnership. This firm is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered office is 183-189 The Vale, London W3 7RW. Registered in England and Wales No. OC417809

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