On The Spot Blogs

#Budget2015 - Game, Set and Match

Among the rallies did the Chancellor win out overall? On the basis this looks like a revenue raising budget, yes he did, but did you? If we're looking for aces and deuces, there may be a few.

 

Continue reading
  3919 Hits
  0 Comments

How To Make Profits And Pay No Tax - Case Study #1

It might feel as though large companies get all the tax reliefs, but any additional 'reliefs' mainly arise from owning a global brand. 

So what can many UK based companies do? Let's illustrate with a Case Study:

 

Continue reading
  3686 Hits
  0 Comments

Open Letter To #HMRC - Why Taxpayers Need Accountants

Dear HMRC

Taxpayers have benefited from recent changes allowing cash accounting for sole traders and simplified company reporting. The press releases accompanying these changes talk  a lot about simplification, with the sub-text that enterprise Britain enables small businesses to deal easily direct with HMRC and companies house. There is no need to pay an accountant so say the politicians.

The reality for small business owners is very different.

 

Continue reading
  3533 Hits
  0 Comments

#Budget2014 (Small) Makers. Doers. Savers. + Investors?

The Chancellor chose this headline, but I think Investors also get a look in.

(SMALL) MAKERS

I take this to be businesses. In fact, it's largely small to medium companies that benefit from today's announcements being the changes to AIA, SEIS and R&D.

 

Continue reading
  3360 Hits
  0 Comments