Entries by Stephen Barrett

Knowledge is power…… and can save tax!

It’s been longer than I’d of liked since my last blog post…..needless to say it’s been a busy period.  During the time since my last blog post there has been a recurring theme. This is that tax is complicated, so it really is worth investing in proper advice when your preparing your tax return. Of […]

Are you claiming VAT on mileage?

If not why not? If you are a VAT registered business using the standard VAT accounting method (not the Flat Rate Scheme) you can claim VAT back on the petrol element of a mileage claim.  Whether it’s the directors or staff members making a claim for mileage, it makes no difference. To make a claim […]

Bookkeeping made easy peezy….

With so many choices on how to keep your books we think Xero is the best option for small businesses. Plus until the end of March 2015 we can offer two months’ free subscription worth over £40!!   Owner managed businesses have a wide choice when it comes to the ways they can undertake and record […]

simple but effective

A simple but effective video from HMRC about record keeping, especially about making it easier to see how much tax is likely to be due  (I would say that as an accountant though!).  If you struggle with keeping your books and records up to date/in order, get in touch, we can help.  As accountants we […]

Managing your “off the radar” fleet

Our current blog is a guest blog courtesy of www.carlease4u.com and is relevant to employers that do not offer a company car to its employees, but do require their employees to travel on business trips.   Even if you do not offer a company car allowance or a car lease, there is lots of important information you […]

Could childcare save you tax?

Do you have children and pay for some kind of childcare? Did you know that you could pay less tax by utilising the childcare voucher scheme to pay for some, if not all, of your childcare costs? If like me one of your children has started school/preschool, which is not yet state funded, you will […]

Company cars are rubbish, right?

You would be forgiven for thinking that the personal tax on company cars would put your right off having one through your business. But it’s worth considering them as a tax planning vehicle (pardon the pun) to help #keepmoremoney in YOUR pocket. How it works… The personal tax charge on company cars is based on […]

Peace of mind should HMRC come knocking….

We are now working in partnership with PFP to offer our clients fee protection cover. In the event of an enquiry from HMRC the PFP cover will pay for the professional fees associated with defending you and your business against HMRC, which can often run into thousands rather than hundreds of pounds. If you would […]