Resources
Your go-to place for tools, business guides, and helpful advice to help make your business a success.
Recording your income and expenditure – a free cashbook
“Recording Your Income and Expenditure – A Free Cashbook” is a simple, easy-to-use resource designed to help you track your finances effectively. Perfect for freelancers, small businesses, and individuals, this free cashbook template allows you to record income and expenses with ease, ensuring better financial management and accurate record-keeping. Download now and take control of your cash flow!
How much is Corporation Tax for a limited company in 2023/24?
In the 2023 Spring Statement, the government announced there would be some changes that would affect some limited companies. The Corporation Tax rate will change to 19-25% for the 2023/24 tax year, but only under specific circumstances. Here’s is a summary of how the new rates are applied.
Payroll guide
Looking for some help with payroll?
Perhaps you will soon be hiring your first employee?
There are a few things you will need to consider if this is the case….
Expense claims – How do they work?
Need to brush up on your expense claims?
If your staff are looking to be reimbursed, make sure you have a procedure in place to get all the information you need for your accounts, and to claim back any VAT on expenses. It will keep your staff happy and your records nice and tidy!
The best way for a company to save tax?…R&D CLAIMS!
Research and Development (or R&D) is something which many companies do without realising.
Creating new systems or processes is all a part of R&D, especially if it is something which hasn’t been done before.
HMRC love this, as it contributes to the UK economy. As such, they incentivize R&D by providing significant tax relief and tax credits for companies that do it. This is done in the form of an “R&D claim”.
The tax savvy approach to new business vehicles
How to be tax savvy when buying a new vehicle for your business. Avoid the major pitfall when you get a car or a van and keep your tax bill low!
What salary should I take from my Limited Company?
It’s a question often asked by many a director; “What salary should I take from my company?” Find out what salary is best for you!
Prepayments, Accruals, Deferred & Accrued Income calculator
Need to calculate prepayment, accruals, deferred income or accrued income quickly?
Use our free calculator!
Simply fill in the form with the transaction details and let the calculator do the rest.
Preparing for your year-end
An all you need to know checklist for approaching your year-end. This list tells you what sort of information is needed to produce your accounts. We will send you reminders when the time comes and you can share them via the client portal with us.