TLC loves… figuring out VAT on expenses
5th January 2018

Whether or not to charge VAT on expenses can be a bit tricky, so we’ve produced a handy guide to help you figure out when to pass on VAT to your clients. We can send you the document as a pdf if you’d like, just email Claire and we will send it over to you. […]
TLC loves… taking tax-efficient profits out of your business
12th December 2017

If you run a limited company you are probably familiar with the two basic ways to take money out of a profitable business – salary and dividends. Since 2016 the government has made a range of changes which make it not quite as attractive as it used to be to take money out of a […]
TLC Loves… keeping on the right side of the law
16th November 2017

You may have heard of the mysteriously-named IR35 regulations also known as off-payroll working, or you may not. Either way, if you are the owner and operator of a limited company which provides services to other companies, you should be familiar with the IR35 rules which IR35. So what exactly is IR35? IR35 is the […]
Top tips – claiming tax credits for your small business
20th September 2017

It’s mid-September already! The weather seems to be turning and we’re heading into autumn at an alarming rate. This month’s tips are all about making the most of Government schemes to get money back on your tax bill – known as tax credits. 1 – You might be eligible for Research & Development tax credits if […]
TLC loves… hiring the right talent – 5 top recruitment tips (guest blog)
11th September 2017

Most of us agree that hiring the right people is critical to the success of our businesses. Granted, the environment we create and the way we lead our employees are also important factors but we must start by making the right hire. Today’s blog is brought to you by Middletons Assured Talent, experts in IT, […]
R&D, creative industries and games tax credits – what you need to know
4th September 2017

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
26th August 2017

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
22nd August 2017

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
15th July 2017

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
14th July 2017

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 […]