Category: Tax
Apr 20, 2022 | TaxSalary Sacrifice Schemes: What Are They & Why Use Them?
Personal allowances vary from one employee to another. But it is essentially the amount of income an individual is entitled to receive that’s completely free of tax. However, this amount decreases the higher the income. In fact, for every £2 that your total taxable income exceeds £100,000, the £12,570 personal allowance is reduced by £1. […]
Mar 20, 2022 | Business Advice, TaxWhy Small Businesses Should Use An Accountant
Have you recently become a small business owner? If you have, you may be encompassing new challenges everyday. However, in order for your business to succeed you will need financial support. Whether you have been in business for years or just starting out, it will benefit your business to have an expert’s perspective. Here at […]
Feb 20, 2022 | TaxTax Planning Ideas For 2022
We’re coming to the end of February. Therefore, it’s the ideal time to be implementing a plan for your 2022 tax affairs. Start evaluating your tax planning efforts from 2021 and combining your findings with recent financial advancements. Them, you can stay confident in another year of success in your personal & professional life. As […]
Jan 20, 2022 | TaxBusiness Rates: How Fair Are They?
The English government advocates a fairer rate system for those who own a business and run their operations in non-domestic locations. However, with eCommerce businesses charged significantly lower business rates, this leaves those on the high street at a heavy disadvantage. Leaving companies with no other choice but to seek a solution through outsourcing taxation […]
Nov 20, 2021 | TaxCorrecting VAT Errors
When it comes to your small business accounting, if you’re taking charge of all the paperwork yourself, it’s not unusual for errors to take place. You might not have even been solely responsible for your VAT error; it could have been off the back of an incorrect invoice. But, no matter what the cause of […]
Oct 20, 2021 | TaxOwing Tax To HMRC? Tax Collection Is Back
The COVID-19 pandemic has caused many different aspects of everyday life to be put on hold. In addition, it has impacted plenty of different businesses, organisations, and national sectors. HMRC itself also had a change in procedures. Throughout the pandemic focused more on financially supporting individuals and businesses, as opposed to collecting taxes. As a […]
