Nov 18, 2019 | Accountancy, Money, Self Assessment, Services, Tax, Tax Advice
Firstly, Personal Tax return season (Self Assessment) 2019-20 finishes on 31st January 2021. Secondly, you may have done yours, so relax, but if you’ve not read on. I’ll start by looking at the first steps and then proceed from there. Some important...
Aug 19, 2019 | Business Start Up Growth, Business Support, Creative Sector, Money, Services, Tax, Tax Advice
Tax-free benefits for you and your employees Certainly paying tax-free benefits to yourself and/or your employees is a great situation. Most importantly there is no tax or NIC to pay. In addition, your company can deduct the costs from business profits. Above all the...
Aug 12, 2019 | Accountancy, Bookkeeping and Payroll, Money, Tax, Tax Advice
Company cars: Are low emissions cars tax efficient? First of all significant changes are being made from 2020-21 to the company car tax benefits-in-kind bands affecting ultra-low emission vehicles (ULEVs). The taxable benefit arising on a car is calculated...
Jun 24, 2019 | Accountancy, Business Support, Money, Tax, Tax Advice
Salary, dividends & benefits Salary, dividends & benefits and how to pay yourself. We will throw some numbers in to show the financial difference. Furthermore we will be looking at other options that can really ramp up the savings. Company owners and directors...
Jun 17, 2019 | Accountancy, Bookkeeping and Payroll, Money, Tax, Tax Advice, VAT
VAT- What is it? It is a tax on sales, not profit. It is a multi-stage tax, charged at each stage of the business cycle on the “value added” at that stage. Most importantly the basic principle is that it is actually paid by the non-VAT registered customer. It It is...
Jun 11, 2019 | Accountancy, Tax, Tax Advice
A guide to filing your tax return Firstly, being an early bird can really help reduce your stress levels. It will give you more time to just get on with your business and your life. Secondly, we have put together a short guide if you want to complete your own....