Pension Tax Relief for Higher Rate and Additional Rate Taxpayers

7 January 2021

There are lots of benefits associated with pension saving, and one of the greatest is reduced tax. When saving into your pension program, the government will reward you for saving for the future in the form of tax relief. All the money that you direct to your pension scheme receives basic rate tax relief at […]

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Top 6 Tips to Prepare for your Self Assessment Tax Return

10 December 2020

The government relies on taxes to fund development projects, offer medical services, and improve security, among other things. If you earn any income or capital gains, you are required to pay income tax. Ordinarily, taxes are automatically deducted from salaries, savings, and pensions. If you are self-employed or earn additional income that is not automatically […]

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Job Support Scheme: What are You Entitled to?

3 November 2020

[UPDATE: With the Prime Ministers announcement for a 2nd lockdown, starting Thursday 4th November, the Coronavirus Job Retention Scheme (Furlough scheme) has been extended.  The statement from the HM Treasury and the Chancellor also confirmed that the Job Support Scheme (JSS) which had been due to launch on 1 November, will not start until the […]

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Avoid Non-sterling Transaction Fees [Case Study]

25 September 2019

Everyone appreciates being able to save their business money and reduce unnecessary expenditure. One area of your business that you can focus on to quickly and easily save money is to reduce bank fees. Specifically, if you can avoid non-sterling transaction fees you’d typically get charged for your foreign currency payments.   What is a […]

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VAT on International Transactions

13 October 2016

As the internet makes it increasingly easy to buy and sell goods and services abroad, overseas transactions are becoming commonplace for many of our small business clients. Here we look at how to deal with these transactions from the perspective of UK VAT.

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