Category: Tax
Jun 21, 2020 | TaxEmployment Allowance | Everything you need to know for your small business
Everything you need to know about employment allowance for your small business. We are proud to be leading chartered accountants in Brierley Hill. We have plenty of experience under our belts, and therefore are experts when it comes to tax advice for businesses.
Jun 20, 2020 | TaxWorkplace Parking Tax | Everything You Need To Know
Summary. Workplace parking tax exempts employer-provided parking “at or near” the workplace from being a taxable benefit. HMRC guidelines consider reasonable walking distance as “near.” The exemption includes all employer-incurred costs but not parking fines. It applies regardless of actual usage, even for leisure or by family members, as long as it’s primarily for employee […]
Jun 06, 2020 | TaxBusiness Entertainment Expenses: What Can You Claim?
In most cases, the cost of entertaining is not tax-deductible, and VAT is not recoverable on expenditure. However, HMRC rules are complex, and VAT can be reclaimed in certain circumstances. Contact Thomas Nock for tax advice for your business.
May 25, 2020 | TaxClaiming Entrepreneurs’ Relief On Shares (When You Don’t Own Enough)
Entrepreneurs' relief (ER) applies to any material disposal of business assets. This includes shares and securities. Claiming entrepreneurs’ relief reduces the amount of Capital Gains Tax payable when you sell shares in all or part of your business. Find out more.
May 10, 2020 | TaxClaiming Capital Allowances When Relocating Your Business
Thomas Nock Martin can provide advice on maximising tax relief for capital expenditure. At the same time, helping you bag some extra cash in the process of relocating your premises.
Apr 15, 2020 | TaxThe Most Tax Efficient Ways to Manage A Director’s Loan Account
If you’re looking for answers about tax on director’s loans or for expert director’s loan account advice, head to our website today. Thomas Nock Martin can help you determine the most financially beneficial option for a repayment of a directors loan to a company.
