Capital Allowances and Property: The Legals Are Important
While this is fundamentally a legal issue rather than a tax issue, it carries significant…
Transferring Shares in a UK Company
Overview of the Share Transfer Process Check the Articles of Association and Shareholders' Agreement May…
Appointing or Removing a UK Company Director
If you need to appoint or remove a director from your UK company, it’s important…
UK Property Company for South African Individuals
Inheritance Tax (IHT) Under Schedule A1 of the Inheritance Tax Act 1984, shares in a…
What Is the Most Tax-Efficient Salary a Director Can Pay Themselves After the Employer National Insurance Increases Introduced on 6 April 2025?
As of 6 April 2025, new changes to the UK’s Employer National Insurance (NI) rules…
Non-Dom Rules and Remittance Basis User (RBU)
A non-dom is a UK resident whose permanent home—or domicile—for tax purposes is outside the…
Streamline Your Bookkeeping: A Guide for Interior Designers on Handling VAT
As an interior designer, you thrive in a world of creativity and aesthetics. However, managing…
Admitting a new partner into the partnership: What should you consider first?
For businesses that run as a partnership, there often comes a time where you need…
EOACC ACCOUNTANTS IN DERBY
The EOACC team in Derby are on a mission. Our accountants are passionate about helping…
Mastering Rental Income Taxation A Deep Dive with Taxdash
Are you a landlord looking to gain clarity on how your rental income impacts your…
Understanding how my UK salary is taxed with the help of Taxdash
Demystifying Your Tax Calculation with TaxDash: A Guide to Understanding Your Personal Finances Are you…
Beyond Calculations Understand Your UK Self-Employed Taxes with Taxdash
Unlocking Tax Clarity: Introducing Taxdash - Your Advanced Income Calculator for Sole traders In today's…
Redundancies – what factors should be considered?
In times of economic uncertainty or because of operational challenges, you may find your business…
Exploring tax implications: Limited company vs Sole Trader
When starting a business, or indeed as an established business, choosing the most suitable legal…
What is Working Capital Finance?
Working capital finance solutions offer businesses the opportunity to improve cash flow. The world of…
Managing your cash flow
With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding its flow…
Do you know of anyone starting a business?
Then ask us about our comprehensive guide to the financial, tax, and accounting considerations of…
The importance of a shareholders agreement
For limited companies, when it comes to making decisions, Company Law states shareholders who own…
Do you want to grow your business?
Then ask us for a copy of our guide called “57 Ways to Grow Your Business”!Our…
Interior Designer Business: Disbursement vs Recharged Arrangements
Running an interior design business involves more than just creating beautiful spaces. The operational dynamics…
Good cash flow management is essential for business success!
With the present economic uncertainty, managing your business’s cash and understanding the flow are now…
What if you put up your prices?
Or maybe increased the number of customers, reduced expenses or even decreased prices? Do you…
Business asset finance explained
Business Asset Finance is an agreement that enables businesses to obtain the assets needed to…
Working Capital Finance explained
Working capital finance solutions offer businesses the opportunity to improve cash flow. The world of…
Managing your cash flow
With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding the flow…
EOACC ACCOUNTANTS IN WIMBLEDON
The EOACC team in Wimbledon are on a mission. Our accountants are passionate about helping…
“Maximize cash flow with our insightful analysis”
Do you agree? Most of our other clients do. In this economy, cash is king…
What are the most important things to review and understand when you review your business financials?
1. Income Statement: revenue, costs, profit margins, and changes over time2. Balance Sheet: assets, liabilities,…
Setting up a new business as a self-employed individual
When starting a business, there are a lot of big decisions to be made, including…
Buying a car in your company
In the past, business owners have been heavily taxed when they had a business car…
Pensions Contributions: Personal vs Company
Please note that this is a general guide only, you should consult an IFA for…
Business Asset Disposal Relief on Retained Earnings
When you close down your limited company and you have Retained Earnings in your company,…
Reduce Your Tax Bill And Maximise Your Money
With this blog we’d like to share with you some ideas to help reduce your…
Interest on Buy-To-Let Mortgages
From 6 April 2017 full interest expenses can no longer be deducted from rental income,…
Tax-Free Childcare and Childcare Vouchers
New or existing childcare vouchers? The question on whether the new Tax-Free Childcare will be…
National Insurance Contributions
National Insurance Contributions for Self-employed individuals that pay the following: Class 2 NIC on earnings more…
Director’s Loan
A director’s loan is when you take money from your company that isn’t a salary,…
High Income Child Benefit Charge (HICBC)
Child benefit for the tax years 16/17 and 17/18 is £20.70 for the eldest/only child…
Limited Cost Trader-changes to Flat rate VAT Scheme
Limited Cost Trader The Autumn statement announced changes that may impact your business. Specifically, businesses…
Claiming flat rates for meals
Claiming flat rate meals, yes or no? We don’t advise clients to claim flat rates…
Contractors buying investment property through their limited company
Thinking of buying investment property through your limited company? This might not be the best…
Workplace Pensions and Auto Enrolment
New pension reforms underway. HMRC is seeking to address the growing pressure faced by Treasury…
Limited Liability Partnerships (LLP)
What is an LLP? An LLP is a form of legal business entity with limited…
When am I classed as Self-Employed / Sole Trader?
Are you Self Employed or a Sole Trader? Many people don't quite understand what it…
Tax codes: What are they? (Part 2)
In Part 1 of this series of articles, we explained what tax codes are and…
Tax codes: What are they? (Part 1)
Common questions permanent employees ask about tax codes Why is my tax code different to…
IR35 – are you compliant?
With a fourth specialist team tasked solely with tackling IR35 enquiries, we are expected to…
What is a tax reference number (PAYE reference number)?
When to Register for PAYE? Any company or employer who has one or more employees…
What taxes are due and payable on salary payments?
There are three tax 'types' payable on salary payments (salary payments include sick leave, maternity…
Tax on the income received from letting a room in a house
A lot of people let out rooms in their residence for extra income. This raises…
Do I need to pay tax on the Interest I received from my bank account?
Banks and building societies are required by law to deduct income tax at 20% from…
Can I claim my household expenses as a business expense?
When running a business from home you can claim part of your household expenses as…
Personal Tax return – Quick guide to Self Assessment tax returns
When do I need to do a self assessment tax return (personal tax return)? The…