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Archive for February, 2016

Can Your Business Pay For A Tailored Suit?

A lot of confusion arises about work clothing, and what is tax deductible if you are a freelancer or self employed. So can your business pay for a tailored suit? I am a big fan of Dara Ford, she is a very talented lady I have met networking. Dara designs “beautiful tailored suits and cleverly cut dresses[…] Read more »

Changes To The Employment Allowance

The Employment Allowance currently gives most small businesses a reduction of up to £2,000 per year on their employer NICs bill. It was introduced in April 2014. The aim of the Employment Allowance is to support small businesses and charities with their employment costs.

What Small Business Expenses Are Tax Deductible?

When you are busy running your business, it is hard to keep track of your business expenses. It is even more difficult to figure out what is tax deductible, or allowable for tax. Firstly, what does tax deductible mean? HMRC have produced a help sheet here. In a sole trader businesss tax deductible means that[…] Read more »

How To Manage Your Small Business Receipts

How do you manage your small business receipts? Do you try and keep them safe? Maybe they end up in different places eg, some in your hand bag (if you are female), some in my your purse or wallet and some in your pocket? But where do they disappear from their safe place when you[…] Read more »

Accounts Resource At SBSEvent2016

We finally made it to the SBSEvent2016. We missed last year’s event which was on the 30th January 2015. Not a great day for accountants to have a day out of the office! So on Friday 12th February, off we went to the ICC in Birmingham to see what all the fuss is about.