Cash flow and profitability - two of the accountancy industry’s favourite phrases, and words you’ll find in no short supply on the pages of our blog. For business owners though, it’s really important to understand the difference between the two.
Under the self-assessment system, an individual is required to make payments on account. These are essentially advance payments towards the individual’s tax bill.
When you’re looking to appoint a new accountant to look after your creative agency finances, does it really make a difference if you choose a creative business specialist rather than the traditional ‘jack of all trades’?
Most people are aware of the existence of the capital gains tax exemption for their only or main home, but it is probably fair to say that the intricacies of the relief are less well known. For the gain to be fully exempt, the property must have been occupied as the taxpayer’s only or main residence throughout the period of ownership.
VAT. Three little letters, one big mystery to many a new business owner (and let’s be honest, plenty of experienced business owners too!)
In this blog post, we’ll aim to clear the picture once and for all. Stand by for VAT for business explained…
In this blog we focus on tax changes announced in the March 2016 Budget and other measures taking effect from 6 April 2016.
Cars do not qualify for the annual investment allowance, but by choosing a low or zero emission car it is possible to secure a 100% deduction in the year of purchase in the form of a 100% first year allowance.