Fancy some additional tax on your property?
HMRC have introduced draft legislation into Finance Bill 2016 which could see gains on your property disposals taxed as income, rather than capital gains (CGT). …
HMRC are going digital
It may also be possible for businesses to claim a repayment of these voluntary payments. …
What is an Unfunded Pension Contribution?
Many recent rules are tightening tax relief on pension contributions but this can still be an advantageous method. …
Why do HMRC take my tax payments early?
No one wants a large tax bill due for payment just after Christmas. …
Tax Terms Explained
As accountants, we're used to throwing around all sorts of fancy terms when we talk about accounts and tax, but what do they actually mean? …
Your payroll questions answered here
As a member of the Hive payroll team, I regularly get asked the same few questions. …
Does HMRC actually want me to have a good time?
The rules for entertaining clients and staff are different …
Save £10k tax on the best electric car ever built
Ever heard of Elon Musk? He’s been described as the world’s raddest man because his projects look likely to change the fate of humanity in one way or another. …
The benefits of employing your children within your business
Employing your children within your business can have many benefits. …
Why your accounts don’t equal cash in the bank
Have you ever wondered what happens after you hand your records over to your accountant? …
How much is your director’s loan account worth?
How have these changes affected the value of my director’s loan account? …
Should I increase my director’s salary for 2016/17?
This is a question we have been asked a lot recently and the simple answer is no! …
Why mixed practices are a headache
Ever had anyone tell you not to mix your drinks? You might get a headache, right? Well, if there’s a chance you might find yourself running a mixed NHS and private practice, you should know it’s the same as with drinking. …
Tax efficient childcare
With childcare costs soaring, we are often asked whether anything can be done to help out with these costs. …
Is your tax advisor a Spiceworld relic?
As you might have heard, it's 20 years since the Spice Girls' first hit. Makes you realise how much has changed, and how much nicer life is without those awful songs playing on the radio all the time. …
Maternity Allowance
Here’s some useful information regarding parental benefits for the self-employed. …
