When your employees travel away for business purposes, it can be costly, especially when accommodation and food are involved. If you choose to cover the cost of your employees’ business travel, then you will have specific tax and National Insurance obligations to adhere to. But did you know that as a business owner or self-employed …
Guide to business travel and subsistence expenses Read More »
Preparing your company’s statutory accounts and filing with Companies House is one of the essential responsibilities of a limited company director. Meeting Companies House and HMRC deadlines is crucial to avoiding unnecessary penalties. All companies must file accounts with Companies House within 9 months of the financial year-end. The company tax return and statutory accounts …
To celebrate our move into our refurbished offices, we opened the doors to clients and contacts for a Cheese and Wine evening. The cheese was supplied by Shropshire cheesemakers Moydens cheese, and the wines were matched to complement. The event was a great success, with over 50 in attendance, and it was great to meet …
Spotlight Accounting hosts cheese and wine evening Read More »
Directors can enjoy various financial benefits, including tax advantages, directors’ pensions, and access to directors’ loan accounts. As a director of a limited company, if you’re looking for additional funds but want to avoid taking out a traditional loan due to the high interest payments, then a director’s loan may be beneficial. You can use …
Although property investment has consistently remained a popular choice in the UK, there has been a recent increase in the number of investors expanding their portfolios to encompass furnished holiday lets. This trend can be attributed to various factors, such as higher yields and convenient market entry, facilitated by online platforms like Airbnb and cottages.com. …
