Archive for January, 2012

Tax Relief for Buying Equipment for your Business

January 31, 2012

Strict rules apply in order to limit tax deductions that employees and directors can claim for work related expenses. The rationale behind tax deductions is that they must be incurred as part of doing the job, but there are exceptions, such as loan interest. Therefore you need to make sure as to what are the […]

Tags: , , , , , , , , ,
Posted in HMRC, Job Related Expenses, Loan Interest, tax, Tax Accountants in Shepherd's Bush, Tax Advisors Fulham, Tax Advisors in Richmond, Tax Advisors in Tooting, Tax Advisors West Kensington, Tax Consultants Chelsea, Tax Consultants Fulham, Tax Consultants in Holland Park, Tax Relief | No Comments »

Tax Deadline put back by HMRC strike

January 27, 2012

As a result of strike action planned by HMRC staff, no fines will be handed out to anyone who submits their self assessment tax returns online in the first two days of February. The official deadline for submitting their self assessment tax returns is scheduled for 31 January, but a planned strike for that day […]

Tags: , , , , ,
Posted in Business news, HMRC, self assessment, Self Assessment Hammersmith, Self Assessment Richmond, tax, Tax Return Earl's Court, Tax returns | No Comments »

Grants for Starting a Business

January 18, 2012

As a small business owner, maintaining a solid cash flow to run day to day operations is quite a challenge. Thus, for small business  and start up businesses, money is the biggest stumble block. Small business owners always wonder who is going to help them in terms of cash to run the business. Apart from […]

Tags: , , , , , , , ,
Posted in Accountants in Putney, Accountants in Putney Heath, Accountants in Roehampton, Accountants in Wandsworth, Accountants in Wimbledon, Accountants Southfields, Accountants Tooting, Business start up advice Putney Heath, cash flow, Small Businesses, Start up Business | No Comments »

Tax Deduction for Overdraft Interest

January 14, 2012

It’s hardly an unusual situation for a director to incur expenses on behalf of their company and for it to make a reimbursement. The outcome of this arrangement is usually that the company gets a deduction for the cost while for the director the transactions are tax neutral. But if the director takes for example […]

Tags: , , , , , , , , , , ,
Posted in Accountants Balham, Accountants Earlsfields, Accountants in Richmond, HMRC, Personal Tax, Tax accountants Chiswick, Tax Consultants Chelsea, Tax Consultants in Clapham South, Tax Deductions, Tax on Interest | No Comments »