by Terry Phillips | Oct 8, 2023 | Insurance, accountancy, Accountants, Business insurance, Business Owner, Company Expenses, expense claims, expenses, Family Business, Income Tax, Key Person insurance, Self employed, Sole trader, tax
Accountants Chester – Tax Tip No. 42 The profitability or earning capacity of a business may depend on one person or on a small number of people. Where this is the case, the business may be seriously compromised if that person, or one of those persons, falls...
by Terry Phillips | Oct 1, 2023 | Influencers, accountancy, Accountants, Business Owner, Income Tax, Instagram, MTD ITSA, Self employed, Self-Assessment, social media, Sole trader, tax, Tax return, tiktok
by Terry Phillips | Sep 29, 2023 | Self-Assessment, accountancy, accountancy software, Accountants, Business Owner, director, dividends, employee, Employer, Family Business, gift aid, hmrc, Income Tax, influencer tax, Inheritance tax, making tax digital, MTD ITSA, partner, Personal Allowance, Profit Extraction, Self employed, Shares, social media, Sole trader, tax, tax rebate, Tax return, tiktok
by Terry Phillips | Sep 24, 2023 | mileage rates, accountancy, Business Owner, Company Expenses, expenses, tax
by Terry Phillips | Sep 18, 2023 | tax exemption, accountancy, Accountants, bookkeeping, business management, Business Owner, Company Expenses, director, employee, Employer, expense claims, expenses, Family Business, hmrc, mobile phone, Partnership, Profit Extraction, Self employed, Self-Assessment, Sole trader, tax, Tax return
Accountants Chester – Tax Tip No. 38 The tax legislation contains a number of exemptions which allow benefits in kind to be provided to employees without a tax charge arising. Some of the exemptions are more useful than others. One of the more valuable ones is...
by Terry Phillips | Sep 10, 2023 | VAT, accountancy, Accountants, bookkeeping, Business Owner, Family Business, hmrc, Limited Company, MTD for VAT, MTD ITSA, Partnership, Self employed, Sole trader, tax, VAT late submission penalties
Accountants Chester – Tax Tip No. 37 For some time, taxpayers within Self Assessment have been able to set up a Time to Pay arrangement online, allowing them to pay their tax bill in instalments if they cannot pay it in full and on time. The facility to set up...