IR35: Are you employed or self-employed?
Are you employed or self-employed? And why does it even matter? Why should I be concerned about IR35? You should be concerned about IR35 because if HMRC take a different view to you on whether you are employed…
What business mileage can you claim?
We are often asked by our clients what business mileage they can claim back, and what tax they will have to pay if they do. Below we break down the differences between business mileage and private mileage, and…
Do I need to file a tax return?
Every year at this time accountants are asked the same question – Do I need to fill in a tax return? Here are our answers to that question, plus the other four we always get asked as well:…
Do I have to pay tax on my bitcoin gains?
Do I have to pay tax on my bitcoin gains? Cryptocurrencies, particularly Bitcoin, have been in the press a great deal lately as their value soared throughout 2017. Experts are divided over whether this is a successful long-term…
What are all the different tax reliefs?
What are all the different tax reliefs? We are often asked about what all the different tax reliefs are and what can be claimed and what can’t be claimed. Below is our brief overview of some of what’s…
Top 10 Bookkeeping mistakes and how to avoid them
Here are our Top 10 Bookkeeping mistakes and how to avoid them Letting it all build up This seems obvious, but some people still leave everything to the last minute. We know you didn’t go into business to…
Autumn Budget 2017 Update
How will yesterday’s Autumn Budget affect you and your business? Well there wasn’t a great deal to get excited about in either a good or bad way, and with Brexit looming any predictions or forecasts are far from…
What does my tax code mean?
What exactly do all the numbers and letters in my tax code mean? And what do I do if I think it’s wrong? HMRC generate your tax code based on the information that they hold on you, and…
What’s the difference between tax evasion and tax avoidance?
What’s the difference between tax evasion and tax avoidance? Celebrities, sports stars and politicians alike have been in the news in recent weeks, hitting the headlines for their tax avoidance in the Paradise Papers. But they haven’t done…
The Real Cost of Christmas
Thinking of giving a gift for Christmas? It’s almost that time of year again when we hang the lights and decorate the tree, and you might be considering giving a Christmas gift to your team or customers, or…