Relief for interest on mixed residential and commercial properties
The way in which unincorporated landlords obtain relief for interest depends on the nature of the property that they let. Where the property is a …
Tax on Selling Your Company: Cash vs Loan Notes
There comes a time in every business owner’s life when retirement looms and thoughts turn to succession planning. Planning should ideally start two years before …
How important is it to keep receipts?
When you buy an item in a shop, you will be asked whether you want a receipt. Although a receipt provides useful evidence of purchase, …
Top Accounting Services for Small Businesses in Woolwich
Accounting is the backbone of any successful business. Without proper financial management, it can be difficult to track cash flow, manage taxes, and plan for the future. Here are some of the key reasons why hiring an accountant for small business in Woolwich is essential
Defining temporary workplaces and tax implications
Most employees can identify their permanent place of work because it is where they regularly go to work. However, post-Covid, many workers work primarily from …
Online claim for expenses tax relief
Employees who incur expenses in undertaking their job may be able to claim tax relief for those expenses where they are not reimbursed by their …
Timing your payments around the year end
For unincorporated businesses, from 6 April 2024 onwards the cash basis is the default basis of accounts preparation. Unlike the accruals basis under which income …
Time running short to use your 2024/25 personal allowance
Most individuals are entitled to receive a personal allowance. This is the amount that they are able to earn before they pay tax. For 2024/25, …
Have you used your CGT annual exempt amount?
Individuals have a separate tax-free allowance for CGT purposes – the CGT annual exempt amount. Although it has been reduced considerably in recent years and …
Should we pay a dividend before the end of the tax year?
If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes …
Streamline Your Business with Payroll Services in Woolwich
Managing payroll is one of the most time-consuming tasks for any business owner. Ensuring that your employees are paid correctly and on time, while staying compliant with HMRC regulations, can be a complex process.
The Role of a Company Secretary in Woolwich: Why Your Business Needs One
A company secretary is not just an administrative role but a key figure in ensuring that your business complies with statutory and regulatory requirements.
