by yasiradnan94 | Jul 29, 2020 | Advice, Business, FAQs, Small Businesses, Tax planning
You’ve probably heard of the company car and some its associated tax issues. However, you may not have of a car allowance. A car allowance is a sum of money you add to an employee’s annual salary for the purpose of allowing them to buy or lease a vehicle. The employee...
by yasiradnan94 | Jul 16, 2020 | Accounting, Advice, News, Small Businesses, Tax planning
HMRC regularly warn taxpayers to be alert to fraudsters purporting to be from HMRC. It was recently published that in the last year they deactivated more than 20,000 fake HMRC websites, an increase of 29% on the previous year. People must stay vigilant to avoid...
by yasiradnan94 | Jul 8, 2020 | Accounting, Advice, Landlords, News, Property, Tax planning
Read this blog post to find out more information on when cash basis applies. You may have heard about the cash basis – this is a very simplified way of accounting for profit, money in and money out. There is no need to be concerned with debtors or creditors and...
by yasiradnan94 | Jul 2, 2020 | Accounting, Advice, FAQs, News, Tax planning
Read this blog post to find out more information on the self-employed income support scheme (SEISS). For those self employed individuals who received a grant from the Government under the self-employed income support scheme (SEISS), it is important to remember that...
by yasiradnan94 | Jun 2, 2020 | Accounting, Advice, Business, FAQs, Financial planning, News, Small Businesses, Tax planning
The global pandemic has ensured we will never forget 2020! Of particular importance to business is to revisit your strategic plan. How can your business remain resilient and mitigate risks during this pandemic and beyond? A stress test is an analytical tool which aims...
by yasiradnan94 | May 22, 2020 | Accounting, Advice, News, Small Businesses, Tax planning, VAT
Due to the current pandemic many people have been cycling to work to avoid public transport and keep safe. There is a tax efficient way to provide your staff cycle which is usually implemented using the cycle to work scheme. This enables an employer to provide cycles...