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What is IR35?
by Calum Morrison
Knowledge
A selection of great tools, business guides and articles to help make your business a success
Managing your money
Everyone wants to make sure they're bringing home as much of their pay as they can - whether you need money-management tips to tax guidance, we can help.
Showing 121 - 135 of 172 articles
Limited company business expenses
by Calum Morrison and Laura Hughes
Self Assessment
by Calum Morrison and Nick Chowdrey
Tax: why can you avoid, but not evade?
Everyone knows it’s legal to evade tax but completely illegal to avoid it, right? Wrong. Confused? You’re not the only one.
What is a benefit in kind?
Benefits in kind are benefits that employees or directors receive from their company which aren’t included in their salary or wages. They’re also sometimes called ‘perks’ or ‘fringe benefits’. Not all benefits in kind are treated in the same way by the tax system, so here's what you need to know.
When to issue a credit note to a client
A businesses would typically provide a customer with a credit note when the amount on an invoice is disputed or incorrect. This might be due to an admin error, or because the customer requires a full or partial refund. Here are a couple of scenarios of when you might want to issue a credit note to a client.
Five tips to keep the tax inspector happy
For small businesses, keeping the tax inspector happy is high on the list of priorities. We look at five ways to keep compliant and things running smoothly.
What sort of travel can I claim for as a limited company?
As a limited company, your travel expenses are generally allowed as a business expense where all of the following conditions apply you are responsible for paying the travel costs, the travel is necessary for your work. Find out more here!
20,000 reasons to open a stocks & shares ISA
ISAs provide a simple, tax-free way to save for the future. In 2017, the government increased the annual ISA allowance from £15,240 to £20,000.
Conference season is upon us – make sure you’re tax efficient!
What expenses can you claim when your business attends conferences? We explore the different ways to ensure you're tax-efficient.
Seven reasons why you should file your Self Assessment early
Filing early will mean you avoid the mid-January dread felt by many freelancers & contractors, and enjoy a well-earned worry-free rest over the holidays.
Universal Credit – will the self-employed lose out?
Changes to the benefits system with the introduction of universal credit will mean that the UK’s self-employed workers could lose out on top-up payments in their leaner months. We take a look at the facts and what it could mean for freelancers and contractors.
What is an Earlier Year Update (EYU)?
An EYU therefore enables you to amend (‘update’) any payroll data previously submitted to HMRC for an employee or director of your limited company after 19th April, for the preceding tax year, even if your payroll is closed.
Donating to charity as an individual, or through your limited company?
We all agree that donating to a charity is good for everyone but did you know that there are tax-efficient benefits to donating? We take a look.
Glossary of business terms
Unsure of the difference between cash-flow and capital? Business jargon can often be complicated, especially if you're just getting started. We've compiled a glossary of some often-used business and accounting terms and provided easy to understand definitions, with links to further info where appropriate.
How FATCA and FBAR made American taxes FUBAR
Think UK tax laws are ridiculous? Americans living and working abroad are taxed simply for being American. We take a close look.
Can you claim glasses as a business expense?
You aren’t able to claim expenses for glasses or contact lens unless they’re prescribed during your time at work, specifically for ‘monitor or screen work’.
How to contact HMRC
HMRC's systems can be a little tricky to navigate, and you might not always know which department you're looking for. Thankfully, we've compiled a handy guide to point you in the right direction.
Tools and resources
We've collated a selection of free tools and resources for you to help make running your business a breeze. With everything from software to templates you can work out your take home pay, chase that unpaid invoice and calculate your IR35.
We can help you every step of the way
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