13
Dec
06
Dec
When is a dividend taxable?
Director/shareholders can at times find themselves in a situation where they have used business cash to fund personal purchases. It is important to record such transactions adequately in the company books to avoid potential issues with HMRC.
21:46 /
Accounting / Advice / Business / FAQs / Financial planning / News / Small Businesses / Tax planning
30
Nov
Suggestion scheme awards. What are they and are they tax free?
This post discusses the main talking points of suggestion scheme awards and where employees and employers both stand in relevance to them. Read on to find out how it may affect you.
28
Nov
New Tax & NI Bands
The 2018 Budget increased the tax and NI bands from April 2019. They won’t be increased again until April 2021. Therefore, the resulting tax saving has the appearance of being more generous than it actually is as there are changes to NI contributions to factor in.
17
Nov
Top tips for completing your Tax Return
Although it is always better to plan ahead, it still isn't too late for those yet to complete their return. Some useful tax saving tips are outlined in this post.
00:15 /
Accounting / Advice / Business / Contractors / FAQs / Financial planning / Freelancers / News / Small Businesses / Tax planning
15
Nov
How to win Making Tax Digital (MTD) exemption
From April 2019, the majority of small businesses must now have fully digital record keeping. This piece discusses the key points of 'Making Tax Digital' and how it will affect taxpayers.
10:08 /
Accounting / Advice / Business / FAQs / Financial planning / News / Small Businesses / Tax planning / VAT
06
Oct
Class 2 National Insurance Contributions
Plans to abolish Class 2 national insurances contributions have been cancelled as the government announces that it will remain in place.
12
Jun
Making Tax Digital Delayed – What This Means For Small Businesses
Making Tax Digital Making Tax Digital (MTD) has been talked about a lot in recent months, even as part of the Election manifestos. This government initiative to get 100% of tax filing into a digital format was due to take effect from 2018. However, recent announcements confirm that...