Tag Archives: Tax Tips

Tax relief on Medical Expenses

Tax relief on Medical Expenses Most of us normal folks incur medical expenses from time to time on prescriptions, doctors, consultants and various other costs for dentists and opticians. Therefore I thought it would be useful to give a small bit of insight into what you can claim for and what is not allowed. It

I can claim the VAT on that……can’t I?

Frequently we are contacted in the office and asked the question “I can claim the VAT on that, can’t I?”, although in many cases it is phrased as a statement! In general a VAT registered business may, as long as goods or services are used for the business, deduct: VAT charged, by another VAT registered

Why your accounts and tax return are far from boring

Why your accounts and tax return are far from boring Your basic accounts may seem like the least exciting part of your finances but, in fact, they’re the bedrock for your financial management. In the world of small-business accounting, we’re at an exciting time. New breeds of online accounting software, integrated cloud applications and flexible