Christmas dos and don’ts: keeping the festivities tax-friendly
A little awareness of HMRC’s festive rules could save you and your team from an unwelcome contribution to the taxman’s Christmas cheer. …
Furnished holiday lettings abolished
Holiday lets will no longer have special tax advantages and will instead be treated the same as standard residential rental properties from tax returns starting with the tax year 25/26. …
Buying a bike through a limited company
This blog explores the tax advantages and HMRC rules of purchasing or loaning a bike through your limited company, highlighting how it can benefit both directors and employees. …
Allowable Rental Income
The best course of action is to keep full details of any expenditure incurred in relation to the rental property so that your accountant can assess what is allowable. …
Tips to make monthly payroll run as smoothly as possible
Minimising late changes isn’t just helpful for us, it makes payroll smoother, faster, and more accurate for you and your team too. …
It is now time to verify your identity at Companies House
As a result of the Economic Crime and Corporate Transparency Act there are mandatory requirements coming into place this Autumn at Companies House. …
So you’ve bought an electric company car – what can the company pay for?
You can legitimately put most EV-related business costs through the books, just keep business and personal use clearly recorded to avoid unnecessary BIK tax. …
Xero Mastery: How to get the most from Xero
When Xero is used well it can be a real game-changer when it comes to tracking your finances. …
Understanding the tax deductibility of business insurance policies
This blog explains which business insurance policies are tax-deductible, which are not, and highlights the importance of correct policy setup and compliance to ensure deductibility. …
Doing your own bookkeeping is not as hard as you think
When kept up to date, Xero, and other cloud-based accounting software, has the ability to give you real time data which in turn helps us do our job as accountants. …
Travel & Subsistence FAQ
As a dental professional, understanding HMRC rules on travel and subsistence can help ensure your claims are compliant and efficient. …
Why your financial questions are never too small
The sooner you ask, the better - financial misunderstandings can build over time, and a five-minute conversation today could prevent hours of stress later. …
Benefits in Kind and P11D Forms
Understand how to correctly report employee benefits to HMRC using P11D forms, avoid common tax pitfalls, and stay compliant with reporting deadlines. …
The UK Government Gateway and Why Dentists Should Use It
Whether you’re a sole trader, associate or own a practice with multiple staff, the Government Gateway simplifies essential administrative tasks, particularly around tax, payroll, and compliance. …
Making Tax Digital for Income Tax: What It Means For You
The initiative aims to modernise the tax system, making it more efficient and easier for taxpayers to manage their affairs. …
Important updates on Making Tax Digital (MTD)
Starting April 2026, MTD will apply to individuals with self-employment or rental income over £50,000 …
Taking money from your company
If you’re looking to take money out more efficiently, having a clear tax plan in place can make a big difference. …
What to expect when joining Hive
We aim to be clear and concise with our offering, how we can help you, and what working with us will look like. …