Travel Expenses Clients often get confused as to which work travel expenses may be allowable or not. The following article is going to highlight the common items that I often have to clarify with clients. You may be reading this from various perspectives, as an employee, a sole trader or an owner/director of a limited [...]
Flexible Parental Leave The BBC popped into our office this month to interview us regarding the proposed flexible parental leave that may come in in 2015; and we were filmed for The Daily Politics (no I didn’t manage to get a mug!). We have mixed views on it, it could mean that Mum’s are out [...]
What is the VAT threshold Different countries have different VAT thresholds. However, if you are trading in the UK the VAT registration threshold is currently £77,000 of taxable sales. This means that if you have sales that would be subject to zero or standard VAT you need to the check the level of sales in [...]
Rental Property Investment Many people have rental properties whether it is an investment choice, they have moved and couldn’t sell their original property and decide to rent rather than reduce their resale price, or can’t afford to live in their house any more and move out permanently / temporarily until their financial situation improves. Income [...]