Harnett Accountants Kingston

Take a look at this new expert video tip from Harnett accountants Richmond. For more information, please contact us and we will arrange a one hour no obligation consultation to discuss all of your accounting and financial planning needs. Also you can follow us on Twitter, Facebook and Google+. Additionally, you can keep reading our […]

Check out this great new video tip from Harnett accountants Kingston For more information, please contact us and we will arrange a one hour no obligation consultation to discuss all of your accounting and financial planning needs. Also you can follow us on Twitter, Facebook and Google+. Additionally, you can keep reading our daily blogs. […]

As a business owner, you are probably very familiar with the PAYE system, and the annual procedure of sending your PAYE data to the tax man after each tax year. However, there is a new system coming into practice by October 2013, and it’s called RTI. RTI stands for Real Time Information, and it will […]

You may already be aware that you can claim capital allowances on assets purchased such as plant, machinery, and vehicles. This gives you tax relief from the reduction in value of assets by writing off their cost against the taxable income of your business. So, make sure that you claim for capital allowance for any […]

Over-trading is one of the leading causes of failure for otherwise strong and profitable businesses, especially in the first five years of trading. Over-trading arises when a business underestimates the amount of working capital it needs to keep trading. If you run a business that works on a credit basis, and your clients and other […]

As a business owner, you need to be able to extract funds from your business in the most efficient way. If you extract all available funds each year in the form of a salary, you may be paying more tax than is necessary. Business owners should consider paying themselves, and maybe other shareholders too, in […]

Today, another valuable tip from Harnett Accountants in Twickenham. The approved tax free mileage rate for 2011/2012 was 45p per mile for the first 10,000 business miles. However, did you know that this rate only applies per separate employment. So if you worked for Company A and drove for 8,000 miles, and then worked for […]

Here is another useful tip for business owners from our accountants in Twickenham. If you’re buying a building, you generally won’t have to pay any VAT. However, there are many exceptions to this. A person who holds an interest in a building (freehold or leasehold) can opt to tax the building, such that income from […]