Limited Company Expenses
As we emerge into the spring sunshine, many companies are now planning to go back to face-to-face dinners, golf and events. So, let’s have a quick refresher on what you can claim.
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COVID Tax Concession Update
The government introduced several easements in response to the coronavirus pandemic. These were temporary measures that are set to end on 5 April. What do employers need to know?
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Simple ways to reduce IHT bills
The National Insurance (NI) rates and thresholds are reviewed each year. HMRC has recently published the applicable amounts for the forthcoming 2022/23 year. What are the most important points for our clients to know?
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HMRC confirms NI rates for 2022/23
The National Insurance (NI) rates and thresholds are reviewed each year. HMRC has recently published the applicable amounts for the forthcoming 2022/23 year. What are the most important points for our clients to know?
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New guidance on property disposals
Anyone who has tax to pay on the disposal of a UK residential property must complete a special capital gains tax (CGT) return and make a payment within a short space of time.
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HMRC announces one month late filing reprieve
The standard deadline for individuals filing a tax return is 31 January. Failure to meet this deadline usually means a £100 automatic penalty applies, even if no tax is owed. Why will an HMRC announcement bring relief to those struggling due to the pandemic?
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Is tax payable on compensation for damaged property?
Last year our client’s premises suffered extensive structural damage. The insurer compensated him before the repairs were made. If he doesn’t use all the money will he have to pay tax on it?
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Special Rules for Directors’ NI Contributions
Special rules apply to directors’ NI contributions. Normally they go unnoticed, but in a year that has been many directors cut their salary this might result in too much NI being paid.
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Self Assessment Time to Pay Scheme
Self Assessment ‘Time to Pay’ gives you the option to spread the cost of your tax bill for the 2019/20 tax year, discover more…
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Overnight electric taxi charging explored
With so many of our licensed London taxi clients living in apartment buildings and flats, we looked into the best solution for electric taxi charging in communal parking areas. Turns out there’s no reason to miss out on the financial, and health benefits of switching to a ZEC taxi, and here’s why…
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Oscar Fairchild supports the Taxi Driver of the Year Charity Fund
Do you know whether your business is affected by the new Making Tax Digital rules? Find out everything you need to know in our handy guide to the new government plans…
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Making Tax Digital – our guide to help businesses get ready
Do you know whether your business is affected by the new Making Tax Digital rules? Find out everything you need to know in our handy guide to the new government plans…
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Research and development tax – are your innovations eligible?
Research and Development tax credits are not just tax relief for high-tech and pharmaceutical or engineering companies. Our handy guide explains if your company could be eligible.…
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Asset purchases: what can you claim against profits?
Concerned with your company’s profitability and effectiveness as you grow? Our handy guide to asset purchases and capital allowances will help, especially with the end of the current tax year looming.…
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End the expenses confusion before sorting out your self-assessment return
If you’re spending spare time over the festive season sorting out your expenses, our handy guide will help you get it right. So you can confidently complete your self-assessment return before the January 31 deadline
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An electric taxi could prove a sound investment for Licensed London black cab drivers
With the Mayor of London wanting to make the city’s black cab taxi fleet the greenest in the world, our handy guide can help you decide if making the switch to electric power makes business sense
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Self-employed vs Limited Company: which way is best for my business?
Starting out in business your first question is likely to be what is the best way for me to do it, and should I be a self-employed sole trader set up a new limited company?
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Redwood Clarke becomes Oscar Fairchild
According to AAT, four in five small business owners lose an average of £15,000 a year due to poor financial management. We show you how to take back control…
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Financial Reporting: The unsung hero of business growth
Oscar Fairchild MD Kim Redwood-Lee looks at automated financial reporting, and the critical role it’ll play in the race to be resilient and growth ready.
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Key HMRC Deadlines for small business owners
Print & Pin Guide: Avoid late filing and late payment penalties, fines & interest on late payment
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3 common bookkeeping mistakes and how to avoid them
From un-trained staff to the dreaded ‘profit & loss haze’, we share bookkeeping mistakes which have the power to de-rail your business…
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Time to tick off your financial ‘to-do’ list once and for all
Oscar Fairchild is committed to supporting small business growth. Keep up to date through our #AskOscar campaign for bookkeeping & accountancy news, insights, resources, advice and more.
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