Blog
Everything you need to know for January’s self-assessment tax return
Christmas festivities and taxes don’t seem to go together, but it’s good to start thinking about your self-assessment tax return now, to prevent any surprises
Rules around Gambling and Taxation in the UK
In our latest blog we look at the relationship between gambling and taxation. The gambling industry has grown significantly in the past few years, reaping
Claiming Pre-trade Tax Expenses: Our Guide
We’ve lately been asked by a number of new clients about how claiming pre-trade tax expenses works. Before your business begins trading it is likely
The rise of black market nannies
Auto enrolment is sparking a lot of middle class parents to pay their nannies with cash in hand to avoid their new pension liabilities, leading
Disbursements and VAT
When buying goods or services on behalf of your clients, you need to be careful about how you account for them: disbursements and VAT can
HMRC waiver 890, 000 late filing penalties
Earlier this month, HMRC confirmed they will show leniency against people who filed their 2013/14 Self Assessment tax return late. As opposed to carrying out
Bonuses – the right way to incentivise?
The reason for the financial crash, the only way to get your staff working harder, a reason for staying in the job that you hate –
Government’s War Against Tax Avoidance Schemes
High profile tax dodgers, famous sports stars and TV celebrities, millionaires are making the headlines of all national newspapers by using tax avoidance schemes, including
SME alert: How the election may affect your business
Election season in England is well under way, with the usual clamour of the mainstream parties to differentiate themselves from each other through their
Loss relief: Reducing your tax when your business makes a loss
Profits are a key measure of business success so we know that losses are daunting when you’re just starting out, but it’s really not the
Compliance with IR35 legislation: IT contractor checklist
Many IT specialists opt to go down the route of being independent contractors. IT freelancing offers freedom and rewards you may not find in normal
Are my travel expenses tax deductible?
We are often asked by our clients which of their travel expenses are tax deductible and how much can they claim. Out of their regular