Capital allowances for plant and machinery
How to minimise business tax in 2018/19 If there’s one thing that keeps us awake at night it’s the thought of how many British businesses… Read More »Capital allowances for plant and machinery
Business Advice
Company cars
What’s new for 2018/19? Despite year-on-year tax rises, company cars remain a popular benefit. While the tax cost of expensive high-emission cars can be eye-watering,… Read More »Company cars
From sole trader to a limited company
What to expect from incorporating your business With a new tax year almost upon us, many sole traders will be reviewing their business structure and… Read More »From sole trader to a limited company
Accounts for limited companies
Audits may be a thing of the past, but certain annual reports still apply. If you’re a business owner, you may be familiar with the… Read More »Accounts for limited companies
Cautious Businesses Delaying Investments
Businesses are in no rush to make investments amid the ongoing uncertainty of Brexit, according to the Institute of Chartered Accountants in England and Wales… Read More »Cautious Businesses Delaying Investments
VAT and three-party transactions
A guide to the VAT implications of having three entities involved in a transaction. VAT can get very complicated when there are three parties involved… Read More »VAT and three-party transactions
Patent Box
Reducing corporation tax due on patent income. The patent box regime applies a reduced rate of corporation tax to profits attributable to qualifying patents and… Read More »Patent Box
Measuring business performance
What are the best ways to assess your firm’s performance? Changing market conditions make it more important than ever to measure your business’ performance on… Read More »Measuring business performance
Rising national living wage hits SME profits
The NLW increased from £7.20 to £7.50 per hour on 1 April 2017. Out of 835 businesses surveyed by the Federation of Small Business (FSB),… Read More »Rising national living wage hits SME profits
Gender pay gap reporting becomes law
Employers with more than 250 staff are now required by law to report gender pay gaps, following the introduction of new legislation. Employers must publish… Read More »Gender pay gap reporting becomes law