Salary or Dividend, Whats the optimum tax strategy for 18/19?
If you operate through your own UK limited company you’ll often want to use the optimum tax planning strategy of extracting money from...
How best to Fund University Costs
Financially supporting your children by paying their university costs can prove to be very expensive if you’re a parent. Especially when...
Making Tax Digital, the way forward?
Making Tax Digital (MTD) is a government initiative to ‘transform the tax system and see the end of the tax return. One of the main aims...
Autumn Budget 2017, Implications for Small Businesses.
On Wednesday 22nd November 2017 the chancellor of the exchequer Philip Hammond delivered the 2017 Autumn Budget. Although there were no...
Payments on Account, erm just explain that again?
A Payment on account is the amount of Income Tax and class 4 National Insurance that some business owners have to pay to HMRC for a...
Ooops I did it again....mistakes are easy to make!
Mistakes are easy to make, especially on your tax returns so can you amend them? Making an error on a personal tax return is not uncommon...
Sole Trader Tax Deadlines...it's not too late!
As we head towards the end of the year and one of the busiest sales periods for many businesses, one vital task can easily escape your...
Can I claim back Pre Trading expenses
If you’ve spent personal funds setting up your business, what scope is there to reclaim these costs from your limited company, once it...
IR35 Contractors Beware
If you are a Contractor who trades through a Limited Company you must be aware of the IR35 rules as this could affect your tax efficiency...
