Claiming Back Pre-Trading Costs
Generally speaking, any business costs that you incur up to 7 years before you start trading can be put through your business as if incurred on the first day of trading.
New Exemption for Trivial Benefits
An employer can now provide trivial benefits to employees, these do not need to be declared on a P11D and there are no tax or national insurance consequences for the employer or employee.
Making Tax Digital
Big change is coming for sole traders and landlords in the form of Making Tax Digital (MTD).
Using your Home for Business
Did you know that there may be tax consequences if you use your home for business or rent any part of it out?
So your business is doing well and it is now time to make that step forward and build your team by employing staff.
Starting your Own Business
Fed up being an employee, thinking about starting your own business?
How to Switch Accountants
Whether you’re self-employed or a limited company, keeping your finances in order is an essential part of your business. As such, finding the right accountant is critical.
Accountancy Jargon Buster: Part 1
A lot of terms get bandied around when you’re dealing with your company’s finances – are you comfortable that you know what they all mean?
2016 Tax: What’s Changed this Year and What Does it Mean for Me?
We’re now in the 2016/2017 tax year – but do you know what’s changed? And more importantly, do you know how it impacts you?
Managing Accounts for Your New Business
It can be daunting to start your own business – especially when you’ve always had someone else take care of your taxes, NI and salary.
A Reminder of Late Filing Penalties and How to Appeal Them
A reminder of late filing penalties and how to appeal them, information for home based businesses in England and Wales regarding business rates, and notes of a recently decided VAT case that affects the zero rating of children’s clothing.
Tax Ideas to Add to Your Resolutions for 2015
Planning before your business year end; reasons for tackling your Self Assessment return sooner rather than later; tax planning ideas if your income is approaching £100,000; and a new initiative to top up your State Pension.