Check out the short clip below, many thanks to Pixel Click and Kardesign!
Read More
Year: 2019
UK Tax rates explained in plain and simple English (using buckets!)
People often get confused about tax and a common misconception is around how tax works for the higher tax bands. People often think “Oh I don’t want to earn too much as I’ll get taxed at 40% and I’ll lose out”. THAT’S NOT HOW IT WORKS! Here’s a handy guide to simplify and explain things.
Read More
Not Happy With Your Accountant? Find Out What’s Involved In Swapping
One of the most common scenarios we come across is this: Business owner is a little (or a lot) unhappy with the level of service they are getting from their Accountant, and yet they are reluctant to change because “better the devil you know right?”. There’s also the uncertainty of “out of the frying pan…
Read More
Taxable vs. Non-Taxable Income – Do You Need To Put It In Your Tax Return?
Taxable and non-taxable income Yesterday a client asked me about whether insurance payouts were a taxable income for her which got me thinking about writing a post on the less well known forms of taxable and non-taxable income as a quick reference guide for business owners. Some of these may surprise you…. Non-taxable income…
Read More