Accountancy Blog (Guides, Tips & Knowledge)

Limited Company

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Limited Company

Limited Company Confirmation Statements - FAQs

Frequently Asked Questions (FAQs) about Limited Company Confirmation Statements.

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Limited Company

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Limited Company

Limited Company Benefits In Kind - FAQs

Frequently Asked Questions (FAQs) about Benefit In Kind (BIK) claims for Limited Companies via form P11D.

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Spring Statement 2022 - Update for Limited Company Directors, Sole Traders and Partnerships

An update on the spring statement for limited company directors, sole traders and partnerships. Announced by Chancellor Rishi Sunak on Wednesday 23rd March 2022.

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Tax Incentives for Zero and Low Emission Vehicles

This article outlines the tax incentives available for the purchase of zero and low emission vehicles. Applicable to limited companies, sole traders and partnerships.

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Self-Assessment Tax Returns – FAQs

Frequently Asked Questions (FAQs) regarding the annual self-assessment tax return. Applicable to sole traders, partnerships, limited company directors receiving dividends and individuals receiving other income not taxed via PAYE such as rent or investment income.

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Charitable Donations – What Tax Relief is Available and How to Claim

More information on the tax and accounting rules relating to charitable donations. There are different rules for individuals, sole traders, partnerships and limited companies.

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VAT

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VAT

VAT Registration and Returns – An Overview

Find out when and how you can register for VAT and the rates of VAT that apply.

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[Video] How Your Accountant Can Support You When Starting a Business

An overview video on starting a new business including how an accountant can support you.

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Limited Company

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Limited Company

[Video] How to Plan your Business Succession

Information about the options available when exiting your business.

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Limited Company

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Limited Company

[Video] Tax Planning for Directors

Find out how you can structure payments to yourself as a limited company director with maximum tax efficiency.

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Partnerships

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Partnerships

Partnerships – An Overview

An overview of setting up a business partnership, what is required and how to register with HMRC.

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Limited Company

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Limited Company

Limited Company Directors Loans - FAQs

Frequently Asked Questions about Directors Loans, applicable to Limited Companies.

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VAT

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VAT

Making Tax Digital for VAT

More Information about Making Tax Digital (MTD) for VAT

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Limited Company

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Limited Company

Limited Companies - Salary vs Dividends

Should you pay yourself a salary or dividends or a combination of the two? It is an important question to consider when setting up a limited company.

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Sole Trader

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Sole Trader

Sole Trader to a Limited Company - Factors to consider

Many self employed people start out as a sole trader, however as the business grows they may consider starting a limited company. There are many factors to consider before making this decision.

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CIS

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CIS

CIS (Construction Industry Scheme) for Contractors and Sub Contractors - FAQs

If you are a contractor or sub contractor it is important you are aware of HMRCs Construction Industry Scheme or "CIS" for short and the rules involved. Here are some of the most frequently asked questions.

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VAT

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VAT

How does Brexit impact VAT accounting?

In this article I will explain how VAT accounting will change from the 1st January 2021, how imports from and exports to the EU will impact VAT as well as how trading with Northern Ireland businesses will change.

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Sole Trader

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Sole Trader

Sole Trader Self Assessment Tax Returns - Allowable Expenses

As a self employed person you will incur various expenses throughout the tax year. It is important that you know what can and cannot be deducted from your income as an expense and the calculations involved - this could make a significant difference to your tax bill!

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Limited Company

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Limited Company

Corporation Tax 'Super Deductions' - all you need to know and how your company could benefit

As part of the March 2021 Budget, Chancellor Rishi Sunak announced a new capital allowance ‘super-deduction’ and first year allowance. The measures apply to capital allowances claimed as part of a corporation tax return.

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Payroll

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Payroll

Making pension contributions through your limited company as a director

In this article I will be outlining the benefits to directors of making pension contributions through their limited company.

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Limited Company

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Limited Company

Off-Payroll Working Rules (IR35) - An Overview

The following article is a summary of the changes to off-payroll working rules, sometimes known as "IR35".

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Limited Company

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Limited Company

Limited Company Shares - FAQs

Frequently Asked Questions about Limited Company Shares.

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Limited Company

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Limited Company

Forming a Limited Company

How do I form a Limited Company? Read this article to find out.

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How to claim business vehicle and travel expenses

Limited Companies, Sole Traders and Partnerships alike can claim business vehicle and travel expenses. Knowing what to claim and how can be a useful way of reducing your businesses tax liability.

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Limited Company

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Limited Company

Budget 2021 - Update for Limited Company Directors

On Wednesday 27th October 2021 Chancellor Rishi Sunak set out the governments tax and spending plans for the upcoming 2022/2023 financial year. Here are the latest updates to be aware of for limited company directors.

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Limited Company

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Limited Company

Limited Company Dividends - FAQs

Frequently Asked Questions about Limited Company Dividends.

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Limited Company

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Limited Company

Corporation Tax - FAQs

Frequently Asked Questions about Corporation Tax.

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Upcoming Tax And Compliance Changes From April 2022

There are a number of tax and compliance changes that will take effect in April 2022. Here is what to look out for.

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Payroll

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Payroll

Pension Auto-Enrolment - Everything You Need To Know As An Employer

Are you an employer struggling to find precise information for pension auto-enrolment? Read our post to know all the key points.

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Will Farmer Awarded AAT Fellow Membership (FMAAT)

Will Farmer has been awarded AAT Fellow Membership! Read this post for more information.

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Collective Financial Planning - Pension and Investment Advice for Limited Company Directors

We are happy to announce our new partnership with Collective Financial Planning who specialise in pension and investment advice for limited company directors. Interested in their service? Then read this post for more information.

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Sole Trader

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Sole Trader

Making Tax Digital for Self-Assessment (MTD for ITSA)

Technology is forever developing, meaning business owners need to keep up to date to stay compliant. We detail how you can make your tax digital for self-assessment and more information in our post.

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