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...
by Lisa Dickson | Apr 20, 2016 | Business Management 101, Personal Taxes
A guide to transferring a business to a family member. There are more than 3 million family businesses in the UK, which between them employ more than 9 million people and contribute 15% to GDP. Despite these successes, family businesses often experience difficulties...
by Lisa Dickson | Apr 18, 2016 | Personal Taxes
The overriding aim of all personal tax planning is to legally reduce the amount of tax paid on an individual’s income. This income can come from a number of sources and the tax reduction strategies available will be based on the reliefs and allowances applicable to...
by Lisa Dickson | Apr 15, 2016 | clever stuff, Marketing
The Three M’s of Marketing are going to be your best friend, and your lover throughout the planning and execution of your marketing strategy, why? Well because these will help you identify and plan your strategy. The M’s themselves stand for Market,...
by Lisa Dickson | Mar 27, 2016 | Bookkeeping 101, HMRC and tax, Payroll
From 6 April 2016 one-man companies will cease to qualify for the employment allowance (EA). Adding your spouse to the payroll has been suggested as a way around this. Is it that simple? Employment allowance The employment allowance (EA) is a credit that employers can...