The difference between cash flow and profitability

April 29, 2016 | by Sian Kelly | No comments

Cash flow and profitability - two of the accountancy industry’s favourite phrases, and words you’ll find in no short supply on the pages of our blog. For business owners though, it’s really important to understand the difference between the two.

Read More

Reducing your payments on account

April 26, 2016 | by Sian Kelly | No comments

Under the self-assessment system, an individual is required to make payments on account. These are essentially advance payments towards the individual’s tax bill.

Read More

Why use a specialist accountant for your creative business?

April 19, 2016 | by Sian Kelly | No comments

When youre looking to appoint a new accountant to look after your creative agency finances, does it really make a difference if you choose a creative business specialist rather than the traditional jack of all trades?

Read More

Main residence relief and periods of deemed occupation

April 19, 2016 | by Sian Kelly | No comments

 

Most people are aware of the existence of the capital gains tax exemption for their only or main home, but it is probably fair to say that the intricacies of the relief are less well known. For the gain to be fully exempt, the property must have been occupied as the taxpayer’s only or main residence throughout the period of ownership.

Read More

VAT for business, explained

April 15, 2016 | by Sian Kelly | No comments

VAT. Three little letters, one big mystery to many a new business owner (and lets be honest, plenty of experienced business owners too!)

In this blog post, well aim to clear the picture once and for all. Stand by for VAT for business explained

Read More

BUDGET APRIL 2016 TAX CHANGES

April 15, 2016 | by Sian Kelly | No comments

In this blog we focus on tax changes announced in the March 2016 Budget and other measures taking effect from 6 April 2016.

Read More

100% capital allowance for low-emission cars

April 12, 2016 | by Sian Kelly | No comments

Cars do not qualify for the annual investment allowance, but by choosing a low or zero emission car it is possible to secure a 100% deduction in the year of purchase in the form of a 100% first year allowance.

Read More

Giving your home away – beware the GWR rules

April 08, 2016 | by Sian Kelly | No comments

It is possible to escape inheritance tax on gifts by surviving for seven years after the date of the gift. However, the benefit of making lifetime gifts may be lost if the gift comes with strings attached.

Read More

Latest Tweets