Accountancy services

tailored to suit your needs

Phone

01733 699033

contact@leepfinancial.co.uk

  • The average cost for a nursing home is now £41,000 a year. Funding is available from the local authority but only if the assets of the elderly person are less than £23,250. If their assets are between £23,250 and £14,350 they will have to be means tested. Some people choose to give their assets to […]

  • Sole traders working from home should consider setting up a limited company to benefit from lower business rates. This would enable them to pay corporation tax, currently at 20% but which will drop to 17% by 2020, instead of income tax at 20% or 40% for higher rate taxpayers.  

  • The AIA, set to £200,000 from April 2016, allows businesses to write off the costs of certain assets against profits in the year of purchase. This helps to bring quicker tax relief against capital expenditure. Most assets purchased for business use qualify including IT investments, office equipment and plant and machinery.  

  • Personal Tax Personal Tax allowance The personal allowances for 2017-18 is £11,500 (2016-17: £11,000). Transferrable allowances The maximum amount of free personal allowance that can be transferred between spouses is increased to £1,150 in 2017-18. Couples can only make a claim if one partner has spare personal tax allowance and the other is a basic […]

  • Today’s Spring Budget Announced by Philip Hammond is bad news for small business owners. Already, in the Autumn statement, it was announced that not only will VAT-registered businesses who operate under the Flat Rate Scheme be subjected to additional conditions to identify whether they are ‘Limited Cost Traders’ (upon which their VAT rate will increase […]

  • Obviously. Although perspective clients may initially baulk at committing to additional costs, accountants can save businesses significant amounts of time and money by managing their financial affairs and alleviate the stress associated with paying tax bills. We can also take away the hassle of dealing with HMRC and being on hold which I know is […]

  • Many of business owners I have spoken to recently forget to claim for expenses either because they haven’t been given receipts, they have misfiled them as the receipts were emailed or the receipts have been lost. That’s potentially hundreds or even thousands of pounds of legitimate business expenses which could have reduced your business tax […]

  • Most bank statements are online these days – there will almost always be a download function where you can download each month’s/ quarter’s bank statement to save onto a “bank statement 2017” folder ready for you or your accountant at the end of the year. If you save it as an Excel (.xls) file then your […]

  • To encourage 400,000 people to sign up for the “public beta” testing programme starting next month HMRC is offering a “special treat” for participants by excusing them from having to complete an SA return Theresa Middleton – the lead on the MTD project for HMRC stated “It is not a question of opting out of […]

  • LeeP Financial, Unit 3F Forward House, Aston Business Park, Shrewsbury Avenue, PE2 7EY Peterborough, United Kingdom
  • contact@leepfinancial.co.uk
  • 01733 699033

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aidan harrison
aidan harrison
14:59 05 Jul 18
An extremely professional service, which is very helpful giving a fresh approach to all financial needs. They are very responsive and will help you understand all matters with ease. Highly recommended to all businesses and sole traders.
L A W Moore
L A W Moore
15:51 08 Jun 18
Super service in plain English, making it easy to understand without all the usual accounting gobbledegook that you can get from other financial companies. I will always use Leep for all my accounting queries in the future. Very helpful team. Great stuff!
Caropal Group Website
Caropal Group Website
11:15 02 Jul 18
Excellent service and excellent Accountants. I am very happy to be a client and have no hesitation in recommending them.
Michael Dixon
Michael Dixon
13:31 23 Jan 18
Polly and her team show a high degree of professionalism and bespoke advice based on the interactions we have had with them since forming a limited company several months ago. We have found them to be very personable and approachable both in person and via email and phone. Their proactive phone calls and emails really help us to stay focused and they are always willing to help and answer questions. We would both highly recommend the Leep team to anyone who is looking for sound financial/accounts advice.
Simon Hargreaves
Simon Hargreaves
14:52 20 Mar 18
LeeP Financial are like the Charlie's Angels of accountancy; smart, sassy and they always solve the mystery – luckily for me, that's the mystery of my financial arrangements. As a small freelance business, LeeP gave me their full attention and took a weight off my mind. Highly recommended.
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