You may have heard of R&D tax relief – the system of tax breaks the Government gives to companies carrying out certain activities. Tax credits are a way for the Government to stimulate certain industries by allowing companies involved in activities they specify to claim money back on their spending. There are two main types […]
TLC loves… giving you more cloud accounting choice
August 26, 2017 – 12:39 pm
As you know we’re always looking for ways to make managing your accounts easier. We have loved moving clients on to Xero because it makes managing money so easy, but we always want to make sure you have options if they’re available, so we are now proud to also support Intuit QuickBooks Online. QuickBooks is […]
TLC loves… knowing the basics of workplace pensions
August 22, 2017 – 2:04 pm
Unless you’ve been living in a cave for the last few years you will definitely have heard of auto-enrolment and workplace pensions. (Remember the adverts? “I’m in!”) If you have employees or operate as a Limited Company with a payroll scheme (for your Director’s salary) it’s worth you understanding the basics, even if they don’t […]
TLC Loves… more time for Making Tax Digital
July 15, 2017 – 9:02 am
On 13 July the government announced changes to its plans for Making Tax Digital (MTD) which mean that companies under the VAT threshold won’t have to file their information online quarterly as soon as had previously been announced. From April 2019, companies turning over more than £85,000 will have to use online software compatible with […]
TLC Loves… cheaper childcare options
July 14, 2017 – 12:11 pm
With childcare bills equalling mortgage payments for some families, anything that can be done to make it cheaper is welcome. But when you run your own business or are self-employed, what are the options? Here’s our quick run-down of the current childcare choices. Tax-Free Childcare – a new scheme launched by the Government in April […]
Top tips for managing emails effectively
July 2, 2017 – 2:59 pm
We’re already into holiday season. Are you excited that you have something booked or feeling blue that you’ve already been? Whatever your situation, managing emails – whether you’re on holiday or just chasing your tail in a normal week – has become a hot topic linked to business productivity. But what can you do to […]
TLC Loves… getting paid when you should
June 9, 2017 – 10:26 am
This month we’re pleased to bring you a guest blog by Rob Lewis of Corporate and Commercial. James and I have worked with Rob and the team at Corp & Comm for more than ten years and they have helped many clients with tricky invoice situations, as well as providing a regular credit control service. […]
TLC Loves… tax relief on giving to charity
May 18, 2017 – 8:11 am
We all like to think we can help those less fortunate than ourselves. So whether your charity of choice is medical like Cancer Research UK, all about animals like the RSPCA or another one close to your heart, here are some things to think about when making donations. How to make the most of charitable donations If […]
TLC Loves… last-minute changes to the Finance Bill 2017
May 5, 2017 – 12:42 pm
If you’ve read our other blogs you’ll know the government has been planning quite a lot of finance changes which will impact those of us running small business. But last week some of these were quietly dropped as it tried to get the Finance Bill 2017 through Parliament without a fuss and ahead of the […]
Top tips for finance in 17/18
April 15, 2017 – 11:03 am
We’re well into the new financial year for a lot of clients, so here are a few things it’s worth us reminding you about: – Changes to dividend taxation mean many directors will pay personal tax in January 2018. – Watch out for our reminder about your 2017 self-assessment paperwork. You could win your tax […]