High value dealers need to register for cash payments
Rising national living wage hits SME profits
Recruiters working harder to fill vacancies
Businesses urged to prepare for Data Protection Bill
Blog
Please note: The information contained in this site is provided for information purposes only and is of a general nature. It is not a substitute for specific professional advice related to your own circumstances. You are recommended to obtain specific professional advice before you take any action. Thank you!
Reclaiming VAT on Amazon purchases
Cameron runs a small photography business, cash is tight so he has been hunting for bargains on Amazon instead of buying goods from a mainstream supplier. He wants to start vlogging and has decided that he will buy a GoPro to record his adventures. He's finding some...
Lifetime ISAs
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...
Planning your retirement
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...
Salaries and Dividends
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...
Research & Development Tax Claim – What’s Included?
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 work...
How do I account for VAT on deposits?
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...
Caseron Insider – July 2017
Invoice financing – Other reasons for businesses turning down work included a lack of awareness of invoice financing (13%) and alternative finances available (8%).
Will I pay tax on my sponsored car?
George is a self-employed golf pro who has been making a name for himself in the sport. He is also employed by a local golf club. He submits an annual self assessment tax return to disclose his sole trade and PAYE earnings to HMRC. He has been offered a sponsored deal...
Corporation Tax Q&A
Avi is a small limited company business owner reaching his end of year and had a couple of questions on his end of year accounts. He is worried that he may be paying too much corporation tax. 1) What ways can you reduce a company's corporate tax apart from giving out...