A question we get asked regularly is around what businesses can claim for phone and internet expenses. As always the rules differ for sole traders and limited companies! Limited Company – Can I claim for my home phone/broadband? Unfortunately much to many business owners annoyance, the answer is usually no. The old HMRC rule of …
Are you looking for a way to treat yourself or your employees and reduce your tax bill? Then you need to know about Trivial Benefits. Under HMRC rules you are able to provide gifts up to the value of £300 a year to directors and employees, at £50 a time, tax free. You don’t have …
Every limited company director has experienced the moment of uncertainty regarding whether they can claim for something they intend to buy or not. Its important to know what you can claim to avoid paying more tax than you need to, and to make sure you don’t buy things through the company that aren’t allowable business …
As a Sole Traders it is important to know what you can claim to avoid paying more tax than you need to, and to make sure you don’t buy things that aren’t allowable business expenses. The tricky thing for the self employed is knowing what you can and can’t claim! As with all expenses the …
I know half of you will already have your Christmas plans and shopping sorted, wrapped and hidden away. And the other half are much like me and wont even consider it until December hits.For the second half of us, I know talking about Christmas at the start of November is a bit jarring, but its …
Can I claim it? Is it a business expense? Is this tax deductible? We get asked this loads. Of course we do, everyone wants to save on paying tax where they can and if the business can pay, why pay out of your own pocket? Here are some of the key ones that we get …
Accounting hints, tips, and updates
Want our fortnightly/monthly rambling on some handy accounting things? We attempt to make it slightly less boring than reading the back of shampoo bottles but can’t make any promises.
2 Sisters Accounting is a Limited company registered in England and Wales Registration No. 11167998
Reg office: International House, 12 Constance Street, London, E16 2DQ
