-
Tax Talk: Jaffa Cakes – Cake or Biscuit? Tax Debate
At Black & White Accounting, we love a good tax debate, and few are as famous (or delicious) as the Jaffa Cake case. This isn’t just about what you call your teatime treat—it’s a prime example of how tax law can have surprising financial consequences. So, let’s break it down: why did it matter, what…
-
The Truth Behind Restricted Stock Units (RSUs)
Unlocking the Potential of RSUs with Black & White Accounting Stock-based compensation has become a powerful tool for attracting and retaining top talent, especially in fast-growing tech companies, multinational corporations, and start-ups. Among the various equity-based incentives, Restricted Stock Units (RSUs) stand out as one of the most popular forms of employee rewards. But while…
-
Gross Payment Status and CIS – What You Need to Know
Understanding CIS and Gross Payment Status with Black & White Accounting If you work in the UK construction industry, you’ve likely heard of the Construction Industry Scheme (CIS) and Gross Payment Status (GPS). But what do they really mean for your business, and how can they impact your cash flow, tax obligations, and overall financial…
-
Gift Aid Explained: How Charitable Donations Can Reduce Your Tax Bill
Charitable giving is a wonderful way to make a difference, but did you know it can also benefit your finances? In the UK, the Gift Aid scheme allows you to boost the value of your donations to charity and, in many cases, reduce your tax bill as a result. Whether you’re an individual taxpayer or…
-
The Essential Guide to State Pension
At Black & White Accounting, we know how important it is to plan for your future. Your State Pension is a key part of your retirement income, yet many people don’t fully understand how it works. In this essential guide, we’ll break down everything you need to know about the UK State Pension, including eligibility,…
-
How Do I Expand My Business Internationally? A Step-by-Step Guide for UK Businesses
Expanding your business internationally is an exciting opportunity to reach new markets, increase revenue, and build global recognition for your brand. But for UK businesses, the idea of going global can feel daunting. From navigating international regulations to managing cross-border finances, there are plenty of challenges to overcome. The good news? You don’t have to…
-
What Are the Advantages of Being Self-Employed and How to Enjoy Them!
The allure of self-employment is undeniable—freedom, flexibility, and the ability to chart your own course. For many, making the leap into self-employment is the key to unlocking a lifestyle and career that truly aligns with personal goals and passions. But what are the specific advantages of being self-employed, and how can you make the most…
-
Service Spotlight: Tax Advice and Planning for Businesses at Black & White Accounting
Running a successful business is about more than delivering great products or services—it’s about managing your finances efficiently, and that includes optimising your tax position. At Black & White Accounting, we know that smart tax planning can make all the difference, saving your business money and keeping you ahead of your obligations. With our expert…
-
When Should I Be a Sole Trader Rather Than a Limited Company?
At Black & White Accounting, we know that one of the biggest decisions facing new business owners is whether to operate as a sole trader or set up a limited company. Both options have their merits, but in many cases, being a sole trader is the better choice—especially for startups, freelancers, and small businesses. Let’s…
-
Protect Yourself from Unexpected HMRC Investigations with Our Fee Protection Insurance
As a dynamic and fast-growing firm, Black & White Accounting is committed to providing our clients with the best possible support and peace of mind when it comes to their finances. One of the most unpredictable and potentially costly challenges businesses and individuals face is an HMRC investigation. Even if you’ve done everything by the…