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What mileage can you claim through your business?

We often get asked the question what business mileage our clients can claim back, and what tax they will have to pay on it if they do. Below we break down the differences between business mileage and private…

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People in early 20s more likely to be out of work due to ill health than early 40s

In a massive reversal of trends of the past, people in their early 20s are more likely to be out of work than those in their early 40s due to ill health according to the Resolution Foundation. A…

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Autumn Statement 2023

Today the Chancellor of the Exchequer, Jeremy Hunt, presented his Autumn statement. Below we break down the keep points and how they will affect you and your business. National Insurance and wages Economy and growth Business tax and…

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Business gifts for Christmas

Are you thinking of giving a business gift for Christmas? If so, make sure you know the tax implications before it ends up costing you more than you originally thought. Christmas is not that far away and you…

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Is the Christmas party tax allowable?

It may only be October, but many of us will have already booked our work Christmas parties and functions to celebrate. But what are the costs to your business of the Christmas party and what is tax allowable…

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Can you borrow money from your limited company?

The simple answer is yes, but there are tax consequences so it’s important you understand what you are doing. From time to time Directors of a company may wish to to borrow money from the business and take…

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COMPANY VS SOLE TRADER: BENEFITS AND DRAWBACKS

Should you be a sole trader or a company? We are often asked that question when people are setting up in business, and the truth is it depends on the individual scenario and what you are looking to…

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Who should be in your work place pension?

Since they were introduced in 2012 more than 20 million people have been automatically enrolled into workplace pensions. Every business that employs staff who meet the criteria should be automatically enrolling workers into a pension scheme, deducting contributions…

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What business mileage can I claim?

We often get asked the question what business mileage our clients can claim back, and what tax they will have to pay on it if they do. Below we break down the differences between business mileage and private…

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Top Ten Tips for staying cool at work

The sun is shining (sometimes), the beer gardens are full and public transport is even more unbearable than usual. British summertime is finally here! Here are our top ten tips on how to stay cool in the work…

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