Yearly Archives: 2020

Tax breaks for purchasing electric cars

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Business owners can write off the entire cost from company profits. Electric cars, rather than hybrids, are set to become even more widespread with tax breaks dubbed the “free-car bonus”. Accountants have reported a flood of small business owners desperate … Continue reading

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2020 Budget

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Following the Chancellor’s 2020 Budget speech earlier this month, below is a summary of the key points which may have an effect on you personally and/or your business: Personal taxation, wages and pensions The tax threshold for National Insurance Contributions … Continue reading

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Self-Assessment deadline: 31st January 2020

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Now that the festive season has drawn to a close, your attention should be turning to the filing of your tax return to HMRC. If you are self employed, rent out property or have investment income, you have until 31st … Continue reading

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