Our Blog
We’ve got lots of useful articles to help you run your business.
Read them below.
What are the relief options for rental losses?
What are the relief options for rental losses? While the intention is to make a profit from letting out a property, this is not a given, and a landlord might instead realise a loss. Where this is the case, can the loss be utilised to save tax? Calculating the loss Any...
JDA Insider – May
Welcome to the May 2022 issue of our Insider Magazine. This is our monthly magazine that will keep you up to date on everything you need to know within the business finance world. You can download the May issue of our Insider Magazine here The articles covered in this...
What are the ‘dividend traps’?
What are the ‘dividend traps'? A shareholder/ director is permitted to withdraw monies from the company’s bank account as salary, bonus or dividend (or possibly a loan'). However, there are set rules that need followed with regard to dividends and it is easy to fall...
How do I make use of the Property Income Allowance?
How do I make use of the Property Income Allowance? The property income allowance allows you to earn a small amount of rental income tax-free each year. It is useful where the rent-a-room scheme does not apply (which is limited to the letting of furnished...
Who is liable for plastic packaging tax?
Plastic packaging tax is a new tax that comes into effect from 1 April 2021. The tax has a green agenda – its aim is to reduce the amount of plastic packaging that does not contain at least 30% recycled plastic. Liability The tax applies to packaging that it...
Is the VAT flat rate scheme worthwhile?
Is the VAT flat rate scheme worthwhile? The VAT is a simplified scheme that can save work. Instead of working out the VAT that you need to pay over to HMRC by deducting input VAT from output VAT, you pay a fixed percentage of your VAT-inclusive turnover. The...
How to identify a UK property rental business?
How to identify a UK property rental business? Where a landlord runs an unincorporated property business, the profits from that business are charged to income tax. Where the business is carried on through a company, the charge is to corporation tax. There are four...
How do you report and pay tax on UK residential property gains?
How do you report and pay tax on UK residential property gains? Where a chargeable gain arises in respect of a UK residential property, since April 2020, the gain must be reported to HMRC and a payment made on account of the associated tax liability. The good news is...
What is the best way to handle employee benefits?
Recruiting can be a difficult aspect of running a business, so you must know how to handle employee benefits! A well-designed employee benefits scheme can be a difficult area to navigate when recruiting. However, they can have great results as they make you stand out...
How much of your income from savings is tax-free?
How much of your income from savings is tax-free? Not all types of income are equal from a tax perspective, and savings income enjoys dedicated allowances, tax rates and reliefs which allow a taxpayer to enjoy some or all of their savings income tax-free. Personal...
Can you deduct the costs for tax purposes while undertaking work on a rental property while empty?
Can you deduct the costs for tax purposes while undertaking work on a rental property while empty? Where a property is let out, there are likely to be periods when the property is empty, either between tenants or, in the case of a holiday let, between guests....
Are electric cars still tax efficient in 2022?
Are electric cars still tax efficient in 2022? Tax policy is used to influence behaviour as well as to collect revenue. One example where this is the case is the company car tax rules which tax high emission cars heavily and reward drivers for choosing electric and...
Additional Resources
A Few Other Resources We’ve Created for Our Customers
Accelerator – Spring 2021
Here's our latest Accelerator magazine - for business owners who are dedicated to success! In the Spring 2021 issue, you can read the following articles: Keep An Eye On The Dashboard – Is Your Business Healthy? This Is Genius – An Excel Tip To Change Your Life Client...
Inflation up in 2022, taxes down in 2024
Here is our summary of yesterday’s Budget. So, what were the key points for business owners in Spring Statement 2022? Find out here.
JDA Insider – August 2020
Welcome to the August 2020 issue of our Insider Magazine. This is our monthly magazine that will keep you up to date on everything you should know about within the Business finance world. You can download our August 2020 issue of our Insider Magazine here...
Contact Us
If you’re not a current client and want access to these brilliant resources, then what are you waiting for?!?