There is a major change in the taxation of small companies being introduced from April 2016. Currently, dividends carry a tax credit of 10%. Whilst dividends are not deducted from the profits of the company before calculating the company’s tax they do not attract any further tax on the recipient provided that the recipient is a … Continue reading Major change in the taxation of small companies →

The comment has been heard that accountants are boring! I don’t understand how that perception has grown, but just to prove that we are different you will find below a couple of extracts from the WatkinsonBlack book of jokes. If you want a copy of the whole book delivered to your computer effortlessly and free … Continue reading Who said accountants are boring? →

One area that we are frequently asked about is what travel expenses can be claimed. The rules are somewhat different depending on whether you are self employed or an employee/company director and can summarise the rules as follows:           Self-employed Allowable Not Allowable Travel outside normal commute to/from work base Normal … Continue reading How to guide: Travel expenses →