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Sale and purchase of a business – common tax issues

When buying or selling a business, tax is treated differently depending on whether the sale is an assets sale or a share sale. There are often tax implications if either party gets it wrong, so it's best to talk early with a professional tax advisor to make sure you get it right. The information here is a high level overview ...

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Pay-as-you-earn tax, with help from your accounting software

From April 2018, small businesses, sole traders and contractors can choose a new pay-as-you-earn option, rather than paying provisional tax in instalments several times a year. This signals a shift in focus for accountants, freeing them up to help clients make good decisions about their finances and future direction.   What's new What: Inland Revenue is introducing the Accounting Income Method (AIM) so your ...

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