• news-car

    When is a Company Van not a Van?

      The P11d benefits on company vans are generally much lower than company cars and where private use of the van is merely incidental to its business use by the employee, then there is no taxable benefit at all. But when is a van not a van?   In a recent tax tribunal case, the […]

    in News on October 18, 2017 Comments 0
  • news-success

    Personal Development

      Your personal development strategy begins and ends with you. You need to make the time to develop your skills in order to stay up to date. Otherwise you could be left behind in today’s ever-evolving business world.   Benchmark your skills You should benchmark your skills at least once a year. To do this […]

    in News on October 16, 2017 Comments 0
  • news-teamwork

    Getting your Team on Side

      Managing people can be one of the toughest challenges faced by businesses. Unhappy employees will perform below expectations, which can have a knock-on effect on the rest of the business. Here are a few tips to help you to get your team on side, in order to get the best out of them.   […]

    in News on October 13, 2017 Comments 0
  • news-choice

    Good Governance is Good for Business

      Good governance is not about making the right decisions but about ensuring there is a good decision-making process used in the business.   In a large enterprise, the management board will have a team who are charged with ensuring the firm adheres to the principles of good corporate governance as is expected of a […]

    in News on October 11, 2017 Comments 0
  • news-password

    Password Security

      Every day, we read stories about the latest business to suffer from a cyber attack. Businesses install quality security software and password protected servers to guard against cyber threats. However, the weakest link in your IT security could be your employees and the strength of the passwords they use to log in to your […]

    in News on October 9, 2017 Comments 0
  • news-self-assesment

    Tax Diary September/October 2017

      1 September 2017 – Due date for Corporation Tax due for the year ended 30 November 2016.   19 September 2017 – PAYE and NIC deductions due for month ended 5 September 2017. (If you pay your tax electronically the due date is 22 September 2017)   19 September 2017 – Filing deadline for […]

    in News on October 6, 2017 Comments 0
  • news-calculator

    VAT bad debt relief

      If you use standard VAT accounting – pay VAT on sales when invoiced and claim back VAT on purchases when invoiced – you may have availed yourself of the six months claim for bad debt relief on unpaid invoices. This would have allowed you to claw back VAT paid to HMRC on invoices that […]

    in News on October 4, 2017 Comments 0
  • news-buy-to-rent

    Evidence of earning for mortgage purposes

      If you are a client, and registered to submit a Self Assessment tax return, we can provide you with a statement that you can use as evidence of earnings for mortgage purposes.   If you are not a client, there are many ways you can obtain this data direct from employers and other sources. […]

    in News on October 2, 2017 Comments 0
  • news-accountability

    Claiming back professional subscriptions

      If your employment requires that you obtain and maintain membership of a professional organisation, you can make a claim to set the cost against your taxable earnings for income tax purposes. As you would expect there are a few hoops you will need to jump through to claim this relief. They are:   You […]

    in News on September 29, 2017 Comments 0
  • news-income-tax-cgt

    Common misconceptions about tax and letting property

      HMRC has published a list of popular misconceptions that taxpayers have about letting property. We have listed below a summary of situations where you will need to declare rental earnings to HMRC:   If you inherit property and let it out. If you buy a property as an investment and let it out. Divorcing […]

    in News on September 27, 2017 Comments 0