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Howlader & Co Blog

What are Enterprise Management Incentives (EMIs)?

5th April 2017

Enterprise Management Incentives (EMIs) are an approved tax-advantaged employee share scheme allowing employers to grant share options to employees, most of the time as a reward for their efforts. It is designed for small companies and is not to be confused with the Enterprise Investment Scheme (EIS), where investors receive tax relief on their investment […]

The Budget 2017, Episode 1 – Our Review

8th March 2017

As a child I often struggled to fall asleep on Christmas Eve owing to the excitement of the day that followed. As an accountant, that night was last night, the day before the new Budget was to be delivered… ok, so that last part may not be true, but a new Budget often yields some […]

UK Tax and Domicile – An Overview

21st February 2017

Is your foreign income taxable in the UK? Whether or not you should declare and pay UK tax on your income earned abroad depends not only on which country you have ‘residence’ status in but also on your ‘domicile’ status. If you are unsure of your UK residence status – that is, whether you are […]

Is Your Christmas Party Tax Deductible?

23rd December 2016

Christmas is just days away and one of the traditions of the season is the company Christmas Party. Whether you choose lunch, dinner or a visit to Winter Wonderland, you might be wondering if you can claim back any of those expenses against your Corporation Tax bill. Well, we have good news for you! HMRC […]

“English Commercial Register” Fraud

16th December 2016

Ignore the letter One of our clients received this letter, and was understandably concerned – this letter has left some businesses thousands of pounds out of pocket. Business owners should be worried by this letter, but not for the reasons that you think. These letters are spam letters sent out by a Spanish publication firm, […]

Statutory UK Residence Test

9th December 2016

The most significant impact on anyone’s tax is arguably their residence status. Concluding on whether a person is UK resident for tax purposes is not easy. It’s really difficult, in fact. To make life a little easier, we have summarised below the key points of the residency test: View a higher-resolution version of the infographic here. If […]

Autumn Statement 2016

25th November 2016

The Autumn Statement was released on Wednesday by Chancellor Philip Hammond and, if you listened closely, amongst the doom and gloom that was the forecasts for this country’s post-Brexit economy, you may have heard a number of tax changes being announced. If however you happened to miss the Chancellor’s riveting speech, we have summarized the […]

What is the Seed Enterprise Investment Scheme ?

27th May 2016

The Seed Enterprise Investment Scheme (SEIS) was set up in 2011 by George Osborne to promote new enterprise and entrepreneurship, which in turn would help economic growth. It extends the existing EIS scheme by targeting smaller, higher-risk companies, although it also introduces stricter qualifying requirements. The scheme helps newer startups to appeal more to investors […]

Self-employed and struggling to get a mortgage ?

23rd May 2016

Applying for a mortgage is one of the more stressful aspects of buying a new house, especially given the changes in the market since the financial crash. Now it appears that the prospects of the self-employed looking to climb up the property ladder have been hampered, following a Financial Conduct Authority (FCA) report that a […]

Pool vehicles – an overview

18th May 2016

Thinking about opening a local corner shop? What about a cash and carry? Maybe even a food delivery service? These are a few business ventures you could hope to pursue but they all have one thing in common – you will most likely need a company vehicle to meet business demands. When it comes to […]

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