Hints, Tips and Guides
...to grow a business that works for you
New corporation tax rates and associated companies
With the changes in corporation tax that came in in April 2023 there are now two rates of corporation tax. 19% if your profits are
Rental Property Expenses – What can I claim?
Renting out properties and being sure of what you can and can’t claim as tax deductible expenses can be very tricky. In the past few
Paying HMRC late will cost you even more
Lets start with the good news, overpaying HMRC or paying them ahead of time will earn you interest of 4.25% from 22nd August 2023. Which in
Pros and cons of using a limited company for rental properties
Should you use a limited company to hold rental properties? As is so often the case with accounting and tax issues it depends, however with
Self Employment VS Employment
Whether you are employed or self-employed makes a difference to how you pay income tax and national insurance and how much you have to pay.
How to close down a limited company
For a number of reasons, you may reach the decision to shut down your limited company, you have decided to take a job elsewhere, your
What does dormant company mean?
You may have opened your limited company for one of many reasons, but sometimes you may wish to stop operating under a limited company for
Tax rules for garden offices
The pros of a garden office are pretty clear for a lot of home workers. Your own dedicated space to work and look out into
VAT Annual Accounting Scheme
The VAT flat rate scheme provides and alternative method of calculating VAT, whereas the annual accounting scheme provides a different way to report VAT. It
Want to do what you love and fund your lifestyle?
It’s possible to have both when you have the right sidekick.
