I always suspected that HMRC wasn’t really the Scrooge people think they are. To prove me right, they allow any business to claim the cost of an employee party as a legitimate business expense, up to a limit of £150 per person.
We all put off unpleasant jobs, especially with Christmas just around the corner. But while you’re buying your last minute presents or carving the turkey on Christmas Day, is there a niggling thought that you should be doing something important?
As a busy owner/manager, book-keeping software could be the answer to your prayers, saving you time on those hated monthly chores such as entering the receipts or sending invoices.
Are you still filing your self-assessment or corporation tax return on paper, or has HMRC persuaded you to go online?
Should your accounts be sitting on a cloud?
You’ve decided to go it alone and create your own job like Richard Branson or Mark Zuckerburg, but is there anyone you need to tell? Yes, the Queen.
That time of the year is here again when the self-assessed tax return appears on everyone’s “To Do” list and we all start digging out those expenses receipts.