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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 […]
Your helpful Accountants in Twickenham here with another great business tip. Did you know there’s an email reminder service for your company or LLP at Companies House. Once you have registered you will receive timely emails to remind you of the due dates to submit the annual return and accounts for your business, and paper […]
A client came to our Harnett Accountants in Kingston in kingston who specialise in HR and Legal at with this query. “I have recently prepared all our companies accounts and submitted them to the Companies House and Tax Office. However, the Taxman sent back my company’s accounts and tax return saying they were in the […]
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