As a business owner do you find you are wearing too many hats? If so you may need to run an organisational review on your business. In order for a business to run effectively and efficiently there needs to be a clear organisation chart, which visually defines departments, functions, roles […]
Category Archives: Business
19
Jul
Jul
Legal restrictions in place in respect of Covid-19 start to end today (Monday 19th July) in England, Wales and Scotland. Each country is taking a slightly different approach to timings and some of the detail around what is required, but in all countries, there is the start of an easing. […]
19
Jul
Jul
What efficiencies should you have in place to make going on holiday easier when you are a business owner? Everyone loves to go on holiday whether it’s a staycation or visiting foreign shores and it is important for your health and mental wellbeing to have time off work. Taking a […]
13
Jul
Jul
One of the most stress-inducing parts of running a business is not knowing enough about your cash. How much is coming in, how much is going out, where it’s going, whether you’re covered. No fear hits quite like an unexpected bill when you’ve got a bunch of overheads that need […]
24
Jun
Jun
Capital allowances are one of the most complex areas within UK tax legislation. A lot of the rules originally came from case law until the various decisions were legislated within the Capital Allowances Act of 2001. Broadly speaking, capital allowances are a tax-approved form of depreciation. Whereas accounting principles allow […]
22
Jun
Jun
Where do you want to go with your estate agency business? From our experience working with Estate Agency owners, we know two things to be true: You have a desire to improve your business in some way – not necessarily to grow and expand, but to create greater freedom for […]
15
Jun
Jun
DIY Book-Keeper versus Accountant In all businesses there comes a point where you need to decide whether you complete the accounting yourself, hire a bookkeeper, or engage an accountant. To help make that decision it’s best to break it down to three key points: Needs – The first point to […]
A-Z, Blog, Business, Tax, Taxable Benefits
Clothing – can clothing for work be set against a tax bill?
08
Jun
Jun
Many of us buy clothing that, in reality, we only wear for work – and we are often asked if the cost of these clothes can be set against the tax bill. The short answer is no: HM Revenue & Customs is adamant that such expenditure has a purpose not […]
07
Jun
Jun
In the 2020/21 tax year, just ended on 5th April 2021, as an employee you may have received extra support from your employer to enable you to continue to work. HMRC introduced a number of concessions so that these necessary support measures are not taxable benefits for employees. They include, […]
03
Jun
Jun
To mark World Environment Day (Saturday 5 June) we have been thinking about some small changes business owners can do to have a positive impact on the environment. Below are a few ideas to help your business become more sustainable and do your part in tackling climate change. Save energy […]