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. …
You can’t grow on the back foot
One of my clients had to have a chat with his associate the other day to renegotiate their pay structure. …
Budget Reaction
In my summary of the Spending Review I noted that a 0.25% surplus projection in 2019/20 seemed a little “tight”. …
Great News: Gifts to Staff are Exempt
The current rules state that if you provide something to an employee without prior consent by HMRC then that ‘trivial’ gift is taxable as a benefit in kind. …
Watch Out – Your PAYE Tax Code Could be Changing
The problem with these new tax codes are they are based on assumptions. …
How to be More Productive
You may, or may not, be aware that you are only liable to pay tax on income received for services or goods that have already been provided. …
The £1m Sweet Spot
There’s a sweet spot in all things. You know this, I know it; we all understand it intuitively. …