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Tax Advice
04 Sep 2017
We take a look at how to extract cash from your business in the most tax efficient manner and examine the income tax rates for the 2017-18 accounting year.
Tax Advice
14 Jul 2016
Calculating your tax bill at the end of your financial year can be scary, but there are easy ways to avoid the panic that comes with paying the taxman.
Tax Advice
16 Jun 2016
The singer Adele has been lumped with a rather large tax bill after miscalculating her dividend payments.
Tax Advice
15 Jun 2016
Tax surrounding food can be tricky, and some of our most beloved brands have taken on the battle against HMRC. Here are three cases that have given HMRC raised eye brows:
Tax Advice
13 Jun 2016
Finding out that you are getting a tax return from HMRC? Well, unfortunately it does not always mean good news. Here's what you need to know about how it affects your business:
Tax Advice
06 Jun 2016
What is the VAT Flat Rate Scheme, how does it differ from the standard rate scheme, and how can it help to simplify VAT reporting for small businesses?
Tax Advice
12 May 2016
Are company cars a bad idea for small businesses? If so, what's the best alternative?
Tax Advice
26 Apr 2016
96% of British SMEs that export are exporting to other EU countries, but the question is: how straightforward is VAT across EU borders?
Tax Advice
14 Apr 2016
From April 2017 public sector bodies such as local councils or government bodies will need to check that the individuals they employ through umbrella or personal service companies pay the right tax.
Tax Advice
07 Apr 2016
With the UK’s move towards tax devolution allowing Northern Ireland to mirror the 12.5% corporation tax rate in the Republic of Ireland, is the UK at risk of being branded a tax haven?
Tax Advice
28 Jan 2016
Chancellor George Osborne and HMRC have been criticised after letting Google get away with paying a settlement to cover £130million of tax dating back to 2005.
Tax Advice
03 Dec 2015
Get the right accounting and tax advice for your new business from dynamic, affordable accountants who understand you and your needs.
Tax Advice
23 Jul 2015
From October this year, HMRC is set to gain powers to take money directly from your bank account. While HMRC seemed to be amending legislation in line with public concerns, it now appears promised safeguards are not in place.
Tax Advice
28 Apr 2015
In the distant past, surplus company money was often used to buy expensive cars with which company owner-directors could have their fun, but tax on company cars soon became prohibitive. Is 2015 your only chance to save tax by buying a Porsche?
Tax Advice
25 Nov 2014
HMRC continue to be cracking down on travel and subsistence costs on personal tax returns for the self-employed. Here we have look at two particular example cases and their outcomes.
Tax Advice
30 Jul 2014
Despite it being alleged that it’s the footballing megastar’s father who has control over the family’s finances, judges have confirmed that Lionel Messi will probably still be prosecuted for tax evasion in the Spanish courts.
Tax Advice
14 Feb 2014
The IR35 legislation was put in place in 2006, to determine whether or not (from a tax perspective) a contractor is in fact an employee.
Tax Advice
02 Aug 2013
In these times of strained government finances, maximising tax receipts has become a key priority for the Chancellor. Make sure you don't get caught out by an inspection.
Tax Advice
09 Apr 2013
Payroll reporting requirements are changing. Find out what needs to be done.
Tax Advice
04 Sep 2017
We look at the Option to Tax exploring when you should opt to reclaim input VAT on a building or development and how you can do so.
Tax Advice
25 Jul 2016
How can a small business owner reclaim the VAT paid on allowable business expenses clocked up while visiting other EU countries?
Tax Advice
22 Jun 2016
Following George Osborne’s decision to introduce a new 7.5% rate of dividend tax we consider whether dividends are still a tax-efficient option for small business owners.
Tax Advice
16 Jun 2016
HMRC has issued you with a tax refund - should you blow it all on a lavish holiday or reinvest it in your small business? Decisions, decisions...
Tax Advice
14 Jun 2016
With corporation tax set to fall to a record low of 17% by 2020, is now a good time to set up a limited company?
Tax Advice
08 Jun 2016
We know that keeping track of all tax rules can be hard, especially as we live in an increasingly global economy. Don't fear, that's why we're here. Your business could be hit by double taxation, make sure you are prepared.
Tax Advice
16 May 2016
The deadline for filing your self-assessment tax return may still be months away, but here are 5 reasons you should consider filing early.
Tax Advice
06 May 2016
Cost cuts have been made in the most recent budget by George Osborne, benefiting small businesses in the UK. But make sure you are aware of these stealth taxes.
Tax Advice
21 Apr 2016
What happens if a small business is unable to pay HM Revenue & Customs the money it owes?
Tax Advice
08 Apr 2016
New rules introduced in this tax year change the way tax on dividend is charged and could make it more expensive to trade as a limited company. How will it affect your business?
Tax Advice
10 Feb 2016
Valentine’s Day is round the corner so it’s time to stock up on your partner’s favourite chocolates and flowers. Sometimes a card is enough to say those three magic words, ‘I love you’, especially for married couples but if that just won't cut it and you're struggling to think of something orginal then you could turn to HMRC.
Tax Advice
05 Jan 2016
The festive season is over, the New Year fireworks have long since faded, so now it’s time for small business directors and sole traders to turn to the serious January business of the dreaded self-assessment tax return.
Tax Advice
28 Oct 2015
Changes in the tax rules mean many landlords will see their profits decrease. So how can they mitigate the impact of the removal of mortgage interest relief?
Tax Advice
Tax Advice
01 Dec 2014
There is a massive change about to take place for VAT registered businesses who supply cross border EC supplies of digital services to consumers. Make sure you're ready.
Tax Advice
11 Sep 2014
VAT can be tricky to understand when you’re a start-up or even if you’ve been in business for a while. We’ve written this article to make it clear and to help you ensure that you have the most effective set up for your small business.
Tax Advice
25 Feb 2014
1966 was the year UK celebrities ran for their lives as the whopping 95% supertax rate was imposed by Harold Wilsons Labour Government. Mick Jagger fled to France and John Lennon legged it to the United States while his Beatles comrades penned a song entitled the Taxman to express their disgust at the sky high charge but even now with the UK’s top tax band being less than half of that the subject of tax still raises hot debates amongst UK citizens. Here we take a look to see if we really are moaning for a reason, are we really are amongst the worst off when it comes to the most taxed earners in the world?
Tax Advice
10 Dec 2013
In these challenging economic times, it makes sense for small business owners to make sure that they aren't overpaying corporation tax. We've put together some tips which we have found useful when trying to keep tax to a minimum.
Tax Advice
10 Jun 2013
Distributing cash to small business owners through dividends is classically much more tax efficient than taking the same amount through salary, but is there anything else to watch out for?