The Spring Budget The Chancellor Jeremy Hunt delivered his Spring Budget on 15th March 2023 stating that his priorities are ‘long term, sustainable, healthy growth’. Here are the key points from [...]
End of Year Tax Planning 2023 The end of the financial year is fast approaching, and with changes and reductions in some of the tax-free allowances from April, it’s important to consider tax [...]
Capital allowances are available on energy efficient, low carbon, or zero carbon technology for your business, which could help reduce your tax bill. What are Capital Allowances? Expenses [...]
If you are Self Employed or a Company Director and have recently applied for a Mortgage, you may have been asked to provide SA302’s and Tax Overviews for the last three years. You may be asking [...]
It might seem like an obvious question but let’s take a look at what dividends are, how you take them and what tax you might pay in doing so. Definition The dictionary definition is ‘Dividends [...]
When is my Corporation Tax payment due? For small Limited Companies, Corporation tax is due nine months and one day after the end of your accounting period. For example, if your financial year [...]
Freelancer Expenses Guide Accommodation Hotels + Bed & Breakfasts Personal Incidental Expenses Renting Accommodation Staying with Friends or Colleagues Bicycle expenses Broadband Internet [...]
The question of whether you fall under IR35 (or not) depends on whether you meet the HMRC definition of ‘self-employed’. If not, under the reforms in the 2018 budget mean you could be liable for [...]
Can I purchase eye tests and glasses through my Limited Company? If you are a Director of a Limited Company and spend time each day working with a screen, you may be wondering if eye tests are an [...]
Is it more tax efficient to buy or lease a car through my company, buy privately or use the mileage allowance? The key factors are: Lease or buy Business or personal CO2 emissions of car Personal [...]