Posts Tagged cheltenham

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 […]

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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 […]

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What you need to know about the new profit extraction rules

What you need to know about the new profit extraction rules

From 6 April 2018, the dividend allowance dropped to just £2,000 per person, which coincides with rise in personal allowance and the basic rate tax band, and the increase in NI thresholds. In this article, we summarise the areas that affect both company owners for 2018/19 – […]

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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...
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Company Info:

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

Contact Info:

Phone: 01242 679 767
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Unit 5, Tarlings Yard, Church Road
Bishops Cleeve, Cheltenham
Gloucestershire, GL52 8RN
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