by Lisa Dickson | Jul 26, 2017 | Business Advice, Helpdesk
Incorporating the Lifetime ISA into your savings strategy. The past few years have seen several innovations in the savings account market. Gone are the days when savers only had cash and stocks and shares ISAs to choose from. Nowadays you can open specialist accounts...
by Lisa Dickson | Jul 24, 2017 | Business Advice, Helpdesk
Whatever your age, it’s never too late to start saving for retirement. It’s more important than ever to start your retirement planning from an early age, however dull a prospect that may sound to younger generations. Putting money into a pension each month will...
by Lisa Dickson | Jul 21, 2017 | HMRC and tax, Personal Taxes
What combination of salaries and dividends should you take in 2017/18? As the owner and director of your own company, you can choose how and when to extract funds from your company. As almost all the funds you take out will create a tax charge in your hands, you may...
by Lisa Dickson | Jul 19, 2017 | HMRC and tax
So, you believe that you have a project that might qualify for research and development (R&D) tax relief. Is it worth your while to make a claim? What costs will qualify? HMRC’s regulation defines 4 types of qualifying R&D cost: Direct Labour Subcontract...
by Lisa Dickson | Jul 17, 2017 | Bookkeeping 101, Small Business Accounts
Michael asked a question this week about how to post a deposit received from a customer into his Xero account, and whether or not he should account for VAT. As with many accountancy questions – it depends!! It depends on what the deposit is for. Deposits or...
