We’ll look at last minute tax saving tips and some general advice to keep those tax bills as low as possible. These tax saving tips are common ones that our clients benefit from, and we see on a regular basis. Self-assessed taxpayers, like company director’s and those with investment income must file a tax return
Food and Accommodation Expenses When are they tax deductible? Let’s look at food and accommodation expenses and when they are and are not tax deductible. Every year a client isn’t happy that we add back disallowed food or accommodation expenses. Adding back isn’t good for the client as it increases their tax bill. Coffees and
I am writing about Business Property Relief and a fortunate son who will get the relief and a share in the company. A few weeks ago, we met Tim Gruber and his son Tom. Tim owns 50% of Tim’s Area Transport [TAT] Ltd with John Knox, who is no relation to Tim. Tim is looking
The case I’ll talk about this week is RCT for a new company. RCT stands for relevant contracts tax. The tax applies to the construction, forestry, and meat processing industries. The government introduced RCT because of poor tax compliance in these industries. It’s an interesting and relevant area for clients and practitioners. I’ll talk about
It’s the time of year when I see a lot of company and personal taxes interlink. This interaction can have both positive and negative results for the client. Sorting out a company tax issue can lead to a tax liability for the owner. It’s not all negative, though, as you’ll see how a bonus in
Some changes came in at the start of this year for Entrepreneur Relief. The changes to Retirement relief came in at the start of 2025. These reliefs are separate Capital Gains Tax reliefs that can save you lots of tax if you qualify. I’ll look at the basics of both and outline the recent changes.
Don’t stop thinking about tomorrow is a line from the Fleetwood Mac song Don’t Stop. This was playing when I was on the cross trainer yesterday morning and planted the seed for this week’s blog. To bring the lyric into the business world, it’s about thinking of the future of our businesses. Where are you
This corporation tax tips for 2026 blog is for owner-directors of a company. It’s to make you aware of some of the tips and traps to avoid. All with the idea of saving tax and keeping on the right side of Revenue. These things are important, and it’s good to know about them to discuss
This week, I’ll give you some VAT tips. I was thinking about how I’ll make VAT sound exciting. And what about a song that would jazz up the blog a bit? I found a song, but the exciting bit is a stretch. And you’ll have to be a certain vintage to know the song! Yet
Having tax clearance all the time is very desirable. You only know this when you don’t have it. It could be that you don’t have it now, but don’t realise it. It’s not desirable or attractive in the James Bond sense, but more in the “this puts money in my pocket sense”. Not only that,
That nagging 'what if' about your finances? It's costing you growth.
Improve your cash flow. Empower your decisions. Eliminate the 'what ifs'.
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