by Sian Roger | Jul 5, 2023 | Accounting, Business Advice, Tax
The Seed Enterprise Investment Scheme – or SEIS for short – is a tax investment scheme that can help founders raise funds and investors support startups. Introduced in 2012 to complement the EIS (Enterprise Investment Scheme), it incentivises investors to fund...
by Sian Roger | Jun 21, 2023 | Accounting, LPA's, Probate, Tax, Wills
So, what is probate? Probate is the legal right to deal with property, money and possessions when a person dies. It is the process of proving that a Will is valid. A Grant of Probate or Grant of Administration, where there is no will (Intestacy), confirms that the...
by Sian Roger | Mar 28, 2023 | Accounting, Tax, Uncategorised
In a bid to encourage businesses to start investing in their productivity after the pandemic, a super deduction tax was announced as part of the 2021 budget update. The super-deduction saw businesses benefit by: First-year relief of 130% on qualifying main rate plant...
by Sian Roger | Jan 31, 2023 | Accounting, Personal Accounting, Tax
Self-Assessment Tax Returns – the basics Tax is usually deducted from wages and pensions (via PAYE). People and businesses with other income must report it in a self-assessment tax return – the system HMRC uses to collect income tax outside of PAYE. The deadline...
by stevegayler | Jul 4, 2022 | Accounting, Tax
Which business expenses are tax allowable and which aren’t? The question we get asked more than most. Here we explain the key differences between allowable and disallowable costs, so you can maximise your tax planning. How you minimise the tax owed by your...
by stevegayler | Oct 31, 2016 | Accounting, Tax
The question we get asked more often than any other is, ‘Can I reduce my tax bill?’ The simple answer is yes, and maybe. It’s not straightforward, and as a client we investigate the options for you, but there are a few extra ways you can keep the...
