Nichola Ross Martin's Tax Consultancy

When a company stops trading it can be:

• Dissolved and struck off the Companies Register.
• Wound-up by a liquidator in a compulsory or voluntary liquidation.
• Left as dormant.

The advantages of each depend on the circumstances.

Company accounts, as well as tax form CT600 and the tax computations will all have to be filed online using the ‘inline extensible business reporting language’ (iXBRL) standard from 2011.

Click on each section (on the left hand column) to see a list of the guides and checklists.

IR35 for subbies? A new Treasury consultation will have far reaching effects for many builders and their workers…

A consultation paper was published on 20 July 2009 to consider the issue of "false self-employment" in the construction industry.

False self-employment occurs when the underlying relationship between engager and worker indicates employment, but the engagement is presented as self-employment. The result is that:

When a dividend is also subject to NICs…

This case is going to excite tax advisers because it is often argued that a dividend can only be taxed once – as a dividend, but no one has been particularly clear about the NICs aspect, until now. The decision has important ramifications for small companies who use dividends as part of the remuneration package, as well as for those designing share based incentive schemes.