Knowledgebase and FAQ

Showing articles in 'Tax Tips'...(« back to knowledgebase)
Showing 10 articles.
Tax Tips
Our last tip is all about timing. It brings together some of the other tips, but we want to stress how deadliness and timing can have a big impact on your tax bill. It’s why planning is so important. So why is timing important? Watch our video to find out. TIMING OF CORPORATION TAX Well, […] (Read more)
Tax Tips
Tax tip number nine is about Research and Development, or R&D. Watch our video below for some more information on R&D credits. Now, R&D can conjure up an image of laboratories and people in white coats, but it doesn’t have to be like that. So what is research and development? R&D is when you develop […] (Read more)
Tax Tips
Our eighth tax tip is about commercial buildings. And, to really save you tax, we’re going to mix it with our seventh tax tip on pensions. Watch our video to learn more. One of the most tax efficient things you can do is to invest money into a pension. To boost this even more, you […] (Read more)
Tax Tips
Our Tax Tip number seven is pensions. Putting money into a pension is one of the most tax-efficient things you can do. And it’s investing in your future. Watch our video below for some more guidance. You can put up to £40,000 each year into a pension and get tax relief. If you haven’t used […] (Read more)
Tax Tips
Our Tax Tip number 6 is to use loan agreements. And understand the consequences for taking loans from your business and potentially making late repayments. Watch our video for some more guidance. What happens if I borrow from my company? So, what you need to know about taking a loan from the company? If you […] (Read more)
Tax Tips
Our Tax Tip number five is tax free benefits. So, what tax few benefits are available to you and your employees? Watch our video to learn more. There are many tax-free benefits you can pay for that get tax relief in the company and no tax on the employee. These include: Medical check-ups Annual health […] (Read more)
Tax Tips
Our Tax Tip number four is staff entertaining. Did you know staff entertaining is eligible for tax-relief? Watch our video to find out more. Now it’s worth noting that client entertaining is not eligible for tax relief and you can’t claim VAT on it either. However, staff entertaining is eligible for tax relief. Now, how […] (Read more)
Tax Tips
Our Tax tip number three is to be generous and give out lots of presents! There are three types of gifts you can give – the first are to clients, the second to your staff, and the third is the best of all – gifts to yourself. Watch our video to learn more about this. […] (Read more)
Tax Tips
Our Tax Tip number two is to keep it in the family. Did you know you can pay a family member as well as yourself? Watch our video to learn more about how to pay family members. The first person you might look to is your partner. If your husband or wife doesn’t work, you […] (Read more)
Tax Tips
Our first tip top tax tip for business owners is a really simple one and it’s one that a lot of people will be doing already…..but not everyone will doing correctly. In our video, Jon explains the most tax-efficient way to take money out of your business. The first tip is to make sure you […] (Read more)