News
Apr 17, 2024 | TaxDividend Income Tax Reductions: What Does This Mean for Directors?
For all investors, it goes without saying that dividends are a welcomed bonus once you have invested in a company’s equity. While investors only see a fraction of profits, this can nurture such partnerships and act as an incentive to continue investing. For all individuals, the first £2,000 earned through dividends is taxed at 0%, […]
Mar 21, 2024 | Business AdviceInterest Rate Inflation: What Does This Mean for the Property Market
The rise in interest rates has had a detrimental effect on the livelihoods of the nation. Larger purchases, such as property, have become much further out of reach, especially for first-time buyers. However, there are ways that you can reduce the impact on your investment, especially with the assistance of Dudley based chartered accountants such […]
Feb 02, 2024 | Business AdviceWhat Is Working Capital?
Here at Thomas Nock Martin, we are leading chartered accountants in the West Midlands. We can offer you and your company a wide range of financial services - including managing working capital.
Jan 29, 2024 | Business AdviceWhat Services Do Small Businesses Require From Chartered Accountants?
Summary. Small business accountants in Birmingham, like Thomas Nock, support various businesses, from retail and hospitality to tradespeople and leisure/arts enterprises. They offer services ranging from managing finances to advising on tax savings, ensuring sustainable growth and compliance with industry regulations. Many types of small businesses can utilise an accountant for several reasons. Whether […]
Aug 09, 2022 | EmploymentIs Your Business Entitled to the Employment Allowance?
Summary. Employer allowances for 2022 have increased by £1,000, offering relief from a 1.25% National Insurance hike. Thomas Nock Martin, financial advisors in Birmingham, detail the eligibility criteria for this scheme, including constraints for multiple businesses, National Insurance boundaries, and director setups. Employer National Insurance Contributions (NICs) determine the Employment Allowance (EA) at £5,000. […]
Jul 15, 2022 | TaxSmall Business Bookkeeping | Are You Keeping On Top Of Yours?
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? Find out more.
