Archive | Paula’s Pointers

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Christmas Entertainment – will BBC give you more for your money than the tax man?

The answer to this question is probably yes, even though there’s no Dr Who special this year! Rules on entertainment haven’t really changed that much.  Any entertainment that does not involve staff is not deductible for tax purposes; you can still put it through your books but at the end of your company year we […]

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power blog

Budget 2018

A few announcements worth noting The budget took place on Monday and was full of optimism. Hammond was accused of taking a gamble with public finances as he went for a spend budget betting on the OBR’s (Office of Budget Responsibility) better predictions for UK growth. But with Brexit around the corner all their positive […]

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Making Tax Digital

Making the UK tax system effective, efficient and easier MTD – Making Tax Difficult, sorry, I mean Digital, is the HMRC initiative designed to make sure that the UK tax system is effective, efficient and easier for tax payers – or perhaps the Revenue! This initiative set out the vision to end the tax return […]

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cis tax returns

“But why?”

It’s that time of year again – 31st July, where some of us need to make a further payment to the Inland Revenue for our self-assessment tax return. “But why”, I hear you say, “don’t we pay enough already?!”. I get so many enquiries about payments on account at this time of year I have […]

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