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New financial help for the self-employed

Tonight’s announcement from the Chancellor has been long-awaited.   Last week we heard of the Coronavirus Job Retention Scheme, and the self-employed have been waiting since then for something similar. It has been an anxious time, but tonight’s announcements brought new financial help. So here are the details that we know: You will be funded…

5 Top Tax Tips to Pay Less Personal Tax

It’s nearly the end of the tax year, but you still have time to make a difference to your tax bill! We’ve put together our 5 top tax tips to help you to pay less personal tax. If you’re looking for ways to reduce your business tax, then we have you covered too, with our…

Should I buy an electric car through my business in 2020?

If you’ve seen our earlier blog on buying cars through your business, our answer is usually NO! However, new rules for electric cars are coming into force in April 2020, making buying an electric car through your business far more attractive! So to understand the current rules around cars and your business, have a read…

Do I have to pay tax on my child benefit? 10 tips on the high income child benefit tax charge

You may have heard of people having to pay back child benefit, or having to complete a personal tax return, just because they receive child benefit. Perhaps we’ve asked you about your child benefit because we’re completing your tax return? Child benefit isn’t usually taxable, so today’s blog sets out the when child benefit needs…