Posts By: Ryan Sharpe

Read More
News

Selling online – When do you need to tell HMRC?

March 2024

Earlier in the year, it was erroneously reported in the press that new tax rules were coming into force which would mean…

Continue reading

Accountants in Cornwall splitting company - Splitting a company – Tax efficiently
Read More
News

Splitting a company – Tax efficiently

March 2024

Most private companies start as sole owner-managers; roll on a few years and some will have grown such that family members may…

Continue reading

Work clothes – Can they be claimed against tax?
Read More
News

Work clothes – Can they be claimed against tax?

March 2024

Whether a claim for the cost of work clothes is tax deductible is covered by the general rule for deduction of any…

Continue reading

Incidental overnight expenses – A little known tax break
Read More
News

Incidental overnight expenses – A little known tax break

March 2024

Expenses incurred by an employee on behalf of a company can only be reimbursed under the ‘wholly, exclusively and necessarily’ rules for…

Continue reading

Repairs and improvements – What is the difference and why does it matter?
Read More
News

Repairs and improvements – What is the difference and why does it matter?

February 2024

Repairs and improvements will always be required when you are running a business… our latest blog article looks at key information to…

Continue reading

Read More
News

Avoid the temptation to make speculative SDLT claims

February 2024

SDLT claims Not all property is equal when it comes to stamp duty land tax (SDLT). Higher rates apply to residential properties…

Continue reading

Financing an investment property
Read More
News

Financing an investment property

February 2024

A would-be property investor will need to be able to fund the purchase of their investment property. They may choose to do…

Continue reading

NMW from April 2024 - Common NMW errors to avoid
Read More
News

NMW from April 2024 – Make sure you comply

February 2024

Employers must pay their workers at least the statutory minimum wage for their age. Depending on the age of the worker, they…

Continue reading

Employers can opt to deal with taxable benefits in kind through the payroll
Read More
News

Register to payroll benefits in kind

February 2024

Employers can opt to deal with taxable benefits in kind through the payroll (known as ‘payrolling’) rather than reporting them to HMRC…

Continue reading

Relevant motoring expenditure and NIC – Are you due a refund?
Read More
News

Relevant motoring expenditure and NIC – Are you due a refund?

February 2024

For tax purposes, where an employee uses their own car for work, mileage allowances can be paid tax-free up to the approved…

Continue reading