This year (2016) might be the time to hand in your notice and do your own thing as the government is being very generous (no sarcasm). Most already know that owners of small companies will benefit from: an increase in the National Insurance Employment Allowance to £3,000 a permanent increase to the Annual Investment Allowance … Continue reading
Accurately calculating ‘Use of Home’ expenses has always been problematic even for experienced accountants due to the vagueness of HMRC guidance. The attached Excel Spreadsheet is what I consider an excellent aid for my clients and others out there. My sources are HMRC manuals and HMRC webinars. The formulas are already inserted so just plug … Continue reading