by Terry Phillips | Feb 22, 2024 | Motoring Expenditure, ACCA, accountancy, Accountants, Business Owner, Chester, Company Expenses, director, Employer, expenses, Family Business, hmrc, National Insurance, tax, Tax planning, tax rebate, Tax return
Accountants Chester – Tax Tip No. 60 If your Chester-based business has employees who use their personal cars for work, understanding mileage allowances and reimbursements is important. Here’s the key information: Tax-Free Mileage: Employees can receive...
by Terry Phillips | Oct 29, 2023 | Company Expenses, expenses
Accountants Chester – Tax Tip No. 46 The end of a business will not necessarily mean that no further expenses are incurred. Where expenses are incurred after the business has ceased, tax relief may be available. Accountants Chester – Allowable...
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 | 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...
