Creditors are the suppliers you owe money to but have you ever thought to check whether the report generated from your accounts software is accurate?
When we take over bookkeeping work one of the things we check is the age of t…
If you are a sole trader preparing to file your tax return did you know that some of your business expenses can be calculated using HMRC's rules for simplified expenses? This includes motor vehicle costs and working from home which can …
As an employer you can pay your employees for mileage incurred when they are using their own car to travel on business. HMRC sets out the rates you can pay without the payment being subject to tax and NI. The approved rate is
At least once a year every business owner should review the cost of running their business - the overheads. Whilst you might spend time finding the best and most cost effective supplier for the goods that you sell or for the materials that …
Did you know that if your employee is not reimbursed for travel or things they buy for work they can claim tax relief? The tax relief is claimed online