Archive for May, 2014

A business has contacted you offering to add a few hundred unique “likes” to the company’s Facebook page. These could open the door to more potential customers, but is paying for Facebook likes ever a good idea? Facebook presence As you probably know, if someone clicks on a Facebook like button whatever it is they’ve […]

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Keeping your company records in line with legal requirements can involve a great deal of red tape. But what’s actually needed and how can you keep time spent on admin to a minimum? Legal paperwork As a director your main concern is making your business successful rather than being a slave to record keeping. But […]

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This is a question that we are asked all the time by clients who are new to self assessment. It is difficult to say what you actual liability will be until your year end is past and we have all the information as to your income and expenditure and its nature, as some will be […]

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An important recent case in respect of a doctor from London could have a significant impact on the travel expenses you can claim if you are self employed.   In the case of Dr Samadian v HMRC, the First-tier Tribunal (FTT) agreed with HMRC that Dr Samadian’s (S) business mileage claims from his home office to […]

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From the start of the 2014/15 tax yearthe basic personal allowance is £10,000 for 2014/15 and the higher rate threshold (the sum of the basic personal allowance and the basic rate limit) is £41,865. In addition, if you are an eligible employer, you can claim £2,000 against your employers’ NI bill in 2014/15. So what […]

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