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The answer to this question is that it depends what your legal expenses relate to. So let us cover a few examples in our article today.

Generally, legal fees are capital if they relate to a capital matter, such as the purchase of a property. Therefore costs incurred in respect of acquiring, adding to or selling an asset are normally capital.

This, unfortunately, is not a simple question to answer as there are many possibilities. So today I will provide some insight into some of the aspects that you will need t consider. I would recommend speaking to a professional such as ourselves ahead of making any final decisions to ensure that you don’t find you have a nasty surprise when you look at the tax bill or any other impacts in making a change.

Bring your own device (BYOD) policies have become increasingly popular in the last number of years. However, this has meant that small and medium-sized businesses have faced new challenges in terms of how to manage company data held on the personal devices of employees.

Making sure your people feel valued is vitally important. People who feel valued tend to be more committed to their employers and also tend to go the extra mile, when necessary. 

One of the most important duties of any manager is to ensure that their team members feel that their work is appreciated.