by Andrew Totton | Oct 20, 2014 | Business Taxes
They seem to be the hot topic at the moment for many businesses, but for those not yet taking advantage of this tax relief – here is a summary of the basics: Company’s may be able to claim a tax credit for Research and Development (R&D) expenditure... by Andrew Totton | Sep 30, 2014 | Business Taxes
HM Revenue & Customs (HMRC) has, this week, increased its powers to be able to take up to £17,000 each year, for tax debts, directly from individuals accounts. Previously the limit was £3,000, but has now been substantially increased. This change will not affect... by Andrew Totton | Jul 18, 2014 | Business Taxes
Filing your self-assessment late, could give you a bigger headache than trying to manage your tax affairs. If you miss a deadline, you will be immediately liable for a £100 late filing penalty. This applies even if no tax is payable. Unfortunately it then gets worse .... by Andrew Totton | Jun 18, 2014 | Business Taxes, Starting a business?
Some small businesses are run from the business owner’s home. A frequently asked question for those in this situation, is what costs can I claim against my business for operating out of my home? HMRC allows a flat rate of £4 per week which can be claimed back...
