by Lisa Dickson | May 25, 2016 | Bookkeeping 101, HMRC and tax, Small Business Accounts
Claiming for fuel – how good record keeping can save you money. Driving a company car If you are driving a company car, it’s likely that the fuel costs are covered by your company and you are paying a taxable benefit in kind on the fuel. You don’t...
by Lisa Dickson | May 20, 2016 | Marketing
The Employment Rights Act of 1996 states that an employee has the right to a written pay statement. General pay statement rules The statement must: show gross pay, all deductions and net wages payable be provided on or before payday The employer must explain any fixed...
by Lisa Dickson | May 11, 2016 | Bookkeeping 101, HMRC and tax, Small Business Accounts
If you are VAT registered in the UK, it is a given that you can reclaim any VAT you might be charged by a UK supplier. Common EU Suppliers But what can you do when an EU supplier charges VAT on their invoices? The most common ones we see with our client’s...
by Lisa Dickson | May 8, 2016 | Marketing
Many of you will be networking and giving business cards to contacts and potential clients. How do you stand out from the crowd? When was the last time you updated your business cards? Does your business card look like everyone else’s – with your name, job...
by Lisa Dickson | May 1, 2016 | Accounting 101, Personal Taxes
Does a company director with no tax liabilities, have to file a Self Assessment return or not? Here is our opinion on this very confusing matter. The purpose of a personal tax return is to notify HMRC of an individuals’ obligation to pay tax. It is a legal...
