Jul 3, 2023 | Business Start Ups, Covid-19, Expenses, Information, News, Profit and Loss, Vault
Archived Article Notice This article reflects the business environment and guidance available at the time of publication in 2023. The pandemic brought a lot of changes to our businesses, some good and some bad. One that has continued to be a topic...
Jan 16, 2023 | Expenses, HMRC, Information, Payroll, Tax, Vault
Archived Article NoticeThis article reflects HMRC guidance and tax rules relating to staff entertainment available at the time of publication. Expense exemptions, reporting obligations and tax treatment may have changed since this article was written. Christmas...
Aug 22, 2022 | Business Start Ups, Expenses, FAQ, Information, News, Vault
Inflation is a word on many of our lips at the moment as the cost-of-living crisis continues unabated. While the headline rate of inflation – which hit 9.4% in June this year – relates to the average inflation rate suffered by individuals living in the UK, the actual...
Jul 25, 2022 | Business Start Ups, Expenses, FAQ, Information, Vault
If your business has spent money on plant and machinery and it is subject to corporation tax, then it may qualify for a super deduction which is a temporary allowance you do not want to miss. Qualifying purchases will need to have been made between April 1, 2021, and...
Jul 4, 2022 | Expenses, FAQ, Information, Vault
International trading is something many businesses are involved in, whether it’s because you are selling your good or services abroad or buying raw materials in from overseas to help with manufacturing. Either way, exposing yourself and your business to currency risk...
Jun 27, 2022 | Business Start Ups, Expenses, FAQ, Information, Making Tax Digital, News, Tax, Vault
If you are unlucky enough to be fined for a late filing, then the way in which any appeal can be made changed as of May 7. Prior to this, HMRC had temporarily reintroduced the ability to bulk appeal late filing penalties for income tax in 2020 and 2021. But from now...
