Assisting Growth Overseas – Inspire Professional Services Ltd

Whether it be selling through Amazon or manufacturing overseas, more and more entrepreneurial businesses are establishing overseas connections and exploiting the opportunities that exist when doing business internationally. Inspire Professional Services, recognise this and are members of an International network of professional advisors who they can call on, so clients make sure they are complying […]

Chris DowningDirector, Inspire Professional Services Ltd

M M CPA Professional Corporation joins IR as the exclusive Tax (Accountants) member in Canada- East

International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Mostafa Mohsin of M M CPA Professional Corporation. Mostafa has joined IR as our exclusive Tax (Accountants) member in Canada- East. He is a Chartered Professional Accountant and Certified General Accountant with over ten years of experience in Canadian taxation & accounting and advising […]

Gilmour Knotts, Chartered Accountants – Domestic FAQ #150 Tax Treatment of Investment Income – Part 4 of 5

Tax Question:What is the tax treatment of capital gains in a corporation? Facts:Some corporations have resources available to invest in stocks, bonds, real property or other appreciating assets. Even though the value of such assets can appreciate over time, only when the investment is sold (realized), is a gain or loss reported. The gain or loss […]

Gilmour Knotts, Chartered Accountants – Domestic FAQ #149 Tax Treatment of Investment Income – Part 3 of 5

by Angela Hardbattle, CPA, CA Tax Question:What is the tax treatment of dividend income in a corporation? Facts:Dividends are a distribution of after tax profits to its shareholders. They are a return on the risk borne by the shareholder for investing in the corporation. Discussion:Depending on the type of dividend received, the tax treatment can be different. Dividends […]

Inspire’s Pre-Budget Update

The traditional 2015 UK Budget will be held on Wednesday 18th March. Some commentators have called this the most important budget Osborne will deliver, coming just two months ahead of the next election. However, here at Inspire we predict that this event will be more about political posturing. Whilst it will contain information about the policies for the years […]

Chris DowningDirector, Inspire Professional Services Ltd

The Employment Allowance

The £2,000 “employment allowance” introduced in 2014/15 will continue to be available for 2015/16. Note that this allowance provides relief from paying employers NIC on the first £2,000 of contributions. The £2,000 allowance is set against employers NIC on a cumulative basis during the tax year. The allowance is available to most employers, although those under […]

Chris DowningDirector, Inspire Professional Services Ltd