Blog

ADM BLOG

You Can Do Anything, But Not Everything.

Please read our blog below

Coronavirus – Self Employed Income Support Scheme

For businesses operating on either a self-employed or a partnership basis, the following announced by the Chancellor of the Exchequer, Rishi Sunak applies specifically to you. The Chancellor of the Exchequer, has announced “one of the most significant economic interventions” from a UK Government with a much-needed […]

Read more

New COVID-19: New Guidance for businesses and employees announced

New COVID-19: New Guidance for businesses and employees announced

The Government has now announced measures to help both businesses and employees. The following links to Government guidance provide a lot of detail into what is being put into place so far to help: Guidance for businesses:  https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses Guidance for employees: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-guidance-for-employees As you are aware further detail is […]

Read more

COVID-19: Measures for UK businesses

COVID-19: Measures for UK businesses

The Government announced on Friday 20th March they will help pay wages under a Job Retention Scheme, for those who are unable to work during the current crisis. Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary […]

Read more

Motor expenses – the unexpected VAT bonus

Motor expenses – the unexpected VAT bonus

It is well known that VAT rules for cars used for business purposes can be harsh, but for certain business, car-related expenditure can actually be quite generous. We will look at these rules and how you can take advantage of them. Inflexible rules If you cannot prove […]

Read more

Dividing company profits with family shareholders – will HMRC challenge this?

Dividing company profits with family shareholders – will HMRC challenge this?

If you want to share your company’s profits with your spouse or family members and are thinking of issuing them with a different class of shares and paying them dividends at different rates and times, will you be challenged by HMRC? Dividends The most tax-efficient way of […]

Read more

Is a tax deduction allowable for a spouse’s salary?

Is a tax deduction allowable for a spouse’s salary?

You have been advised by your bookkeeper that if you actually pay your partner a salary and claim it back as a business expense then HMRC will not penalise you for the tax deduction. Is this actually the case? Payment to your other half The advice given […]

Read more

Is a celebratory meal with your business partner tax deductible?

Is a celebratory meal with your business partner tax deductible?

Whether it’s been a tough year or a very successful one, an end-of-year celebration with your business partner sounds like a great way to round it off. But is business entertainment for directors tax deductible? While most business expenses are tax deductible, business entertainment is specifically excluded […]

Read more

Employing casual workers? Know your tax rules!

Employing casual workers? Know your tax rules!

As we head into the Christmas season, all kinds of small and medium-sized businesses find themselves needing to get in extra staff to help with the busier period. This is often achieved by employing casual workers, that is, people who work for you for a short period […]

Read more

Directors’ loan tax and how to prevent it

Directors’ loan tax and how to prevent it

Company director-shareholders often borrow money from their own companies. One risk attached to taking out a loan from your own business is that it can trigger a sizeable tax bill. Director-shareholders are regarded as ‘participators’ by HMRC, who are known for adding vast amounts of tax to […]

Read more

The benefits of switching your business to Cloud accounting

The benefits of switching your business to Cloud accounting

If you’re finding your accounting software is time-consuming and laborious, it might be time to move your business accounting to the Cloud! Let’s face it, unless you’re really into it (like we are!), accounting can be one of those tasks that quickly slips to the bottom of […]

Read more

Disclaimer:

The information contained in this website is for general information purposes only. The information is provided by ADM Accountancy Services Ltd and while we endeavour to keep the information up to date and correct...
Read More

Company Info:

ADM Accountancy Services Ltd
Registered in England and Wales.
Registration Number: 06912489

Contact Info:

Phone: 01242 679 767
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unit 5, Tarlings Yard, Church Road
Bishops Cleeve, Cheltenham
Gloucestershire, GL52 8RN
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PHZpZGVvIHdpZHRoPSIxMDAlIiBoZWlnaHQ9IjEwMCUiIGNvbnRyb2xzIGF1dG9wbGF5ID4NCiAgPHNvdXJjZSBzcmM9Imh0dHA6Ly93d3cuYWNjb3VudGFuY3ktY2hlbHRlbmhhbS5jby51ay93cC1jb250ZW50L3VwbG9hZHMvdmlkZW8vQ0lNQS1WaWRlby1IRC5tcDQiIHR5cGU9InZpZGVvL21wNCI+DQpZb3VyIGJyb3dzZXIgZG9lcyBub3Qgc3VwcG9ydCB0aGUgdmlkZW8gdGFnLg0KPC92aWRlbz4=
ADM PROMOTIONAL VIDEO
SIGN UP TO OUR
NEWSLETTER
Your Information will never be shared
with any third party.
JOIN OUR NEWSLETTER
Your Information will never be shared with any third party.
SIGN UP TO OUR NEWSLETTER
Thank You. Your details are sent.
Your email address will never be shared with any 3rd parties.