Among a raft of changes unveiled in Chancellor Phillip Hammond’s 2016 Autumn Statement was an overhaul of the tax treatment employee salary sacrifice schemes. (more…)
Coworking, you’ve heard the term batted about, but do you know exactly what they are and how they could benefit your business? Whether you’re home-based as a freelancer or contractor,…
Delivered by Philip Hammond as his first and only, The Autumn Statement 2016 released in November brought with it many changes to the way we will do business going forward.…
Keeping accounts can be complex, but many sole traders are committed to doing them themselves. They imagine that engaging a professional simply wouldn’t be cost-efficient, and that it will be…
Bookkeeping is one of those essential parts of doing business that few people look forward to. It can be intimidating (especially if maths isn’t your strong point) or just plain…
“My business turned over £75,000 during the last financial year. Should I register for VAT, or should I wait until I hit the £83,000 VAT registration threshold?” (more…)
April 2016 tax changes; It’s the time of the year that UK businesses brace themselves for, tax change time. Our annual reminder that anything can and will change. To help…
Tax law provides that any expense claimed by a business should be a ‘wholly, and exclusively for business purposes, but how do you know where to draw the line. That…
There is an inequality in the tax system that affects businesses. The owner of a business operated through a limited company who draws all of his profits in the form…