If your director’s loan account is in the red by the end of your company’s financial year, do you know the most tax-efficient option to manage it? Should you write it off to avoid a charge on the company? Can a director’s loan be written off? If you’re unsure of the...
Keeping on top of your bookkeeping is paramount when running a small business. However, it is especially important for expenditure on buildings and equipment. Did you know, accurate small business bookkeeping can also save you tax? Small business bookkeeping...
Thomas Nock Martin is proud to offer expert chartered accountant services specifically tailored to your requirements. In the UK a remarkable 660,000 new companies are registered every year. That is equivalent to 70 new businesses being created every hour....
Here, we offer a profit taking strategy to enable you to withdraw accumulated capital from your company, tax efficiently. Corporate Capital Repayment If you’re an unincorporated business such as a sole trader or partnership you are able to withdraw equity very...
Business owners often do their own accounting and bookkeeping to try and save money. However, this regularly backfires. Here’s why you need to get an accountant for business tax services, and how to get the best value for money when using one. Keeping on top of the...
Since the introduction of the Structures and Buildings Allowances (SBA), on 29 October 2018, taxpayers and advisers have been waiting for clearer guidance from HMRC to better understand how to claim capital allowances on buildings. Certain aspects of the rule were...
We have placed cookies on your device to help make this website better.
You can use this tool to change your cookie settings. Otherwise, we’ll assume you’re OK to continue.
Some of the cookies we use are essential for the site to work.
We also use some non-essential cookies to collect information for making reports and to help us improve the site. The cookies collect information in an anonymous form.
