If you run your own business, there are a huge range of costs that you can claim as legitimate expenses. This is a fantastic way to reduce the amount of tax that you pay each year. If you’re sensible, and keep hold of all of your receipts, including those for the £1 parking, you can
Did you know, that if you run a limited company, you can charge your company for use of your personal home space. This is a wonderfully tax efficient way of taking some of your company profits. It’s perfectly legal and an accepted use for your limited company to pay you rent for use of some
This won’t be the full picture or provide all the answers, but should give you some food for thought, and areas to look into. If you need help with the exact tips and expenses applicable to you then feel free to get in touch. Make sure you claim all your expenses – sounds simple but
Becoming a Limited Company. Limited Company – So, you’ve started your business, or you have a great business idea. A question that springs to many lips is – should I form a limited company? Well not surprisingly, there’s no simple answer to that question – or the simple answer is – it depends! There are