by AJN Accountants | Apr 26, 2023 | Accounting, Business, Tax planning
The Budget confirmed that the main rate of corporation tax will rise from 19% to 25% on 1 April 2023 but the small profits tax rate will stay at 19% where the company’s profits do not exceed £50,000. The Chancellor failed to highlight that the effective marginal...
by yasiradnan94 | Jul 18, 2017 | Advice, Contractors, Freelancers, Small Businesses, Tax planning
Business owners make charitable donations as a way to reduce their tax bill, whilst contributing to their charity of choice. Terms and conditions apply though so it is important to understand the tax rules and regulations before making your donation, to ensure you...
by yasiradnan94 | Jun 6, 2017 | Contractors, Freelancers, Landlords, Small Businesses, Tax planning
The 2017 general election, called just a matter of weeks ago by Conservative party leader Teresa May, is just days away. The polls are suggesting that the initial Tories lead has diminished as the gap closes, making the result unpredictable. If there isn’t a...