On Wednesday 22nd November 2017 the Chancellor of the Exchequer Philip Hammond delivered his Autumn Budget, for our overview please click here.
HMRC advisory fuel rates have remained constant for some time, again we see little movement from 1 September 2017. Remember, advisory fuel rates only apply for: reimbursement of employees for business travel in the company car; or the requirement of an employee to repay the cost of fuel used for private travel. HMRC accept there […]
On 8 March 2017 the Chancellor Philip Hammond delivered his first Budget Report, and sadly his actions did not accord with his words, he talks about making the UK the best place to set to set up and build a business while at the same time heaping even more pain on the self-employed and small […]
HMRC advisory fuel rates have remained constant, except for petrol and LPG engines over 2000cc. Remember, advisory fuel rates only apply for: reimbursement of employees for business travel in the company car; or the requirement of an employee to repay the cost of fuel used for private travel. HMRC accept there is no tax advantage […]
In his debut, Autumn Statement 2016, the Chancellor announced plans that will continue to negatively impact small business, it looks like we have yet another anti-small business government. The highlights of the Autumn Statement 2016 are: A new higher VAT flat rate for ‘service-based’ businesses – aka contractors From 1st April 2017, “businesses with limited […]
Small Business owners need just as much help and support from their accountants as the likes of Tesco, in fact in many cases, more so. So many small business owners don’t use their accountant enough, often this is through fear of the cost. It’s true that nothing in life comes for free, but imagine if […]
Starting in business Lost your job and struggling to find another, maybe you have decided it’s time to start your own business, which ever reason it is you are going to need help. 5.4 million small and medium sized UK businesses In the UK there are current 5.4 million small and medium sized businesses, that […]
£1 billion Did you know that Small and Medium Sized UK businesses have claimed nearly £1 billion in R&D Tax Credits? WOW, speaking as someone who runs a family business that’s a lot of money, so have you had your slice, our clients have! Oddly enough, with all this money on offer it would appear […]