by Carrie Stokes | Sep 30, 2021 | Business Support, Finance, Tax
With the introduction of ‘Making Tax Digital’ for Self-Assessment Income Tax in April 2023, HMRC are bringing in a points-based penalty system for late payments for VAT and Self-Assessment. This new system is intended to be fairer for those who occasionally miss...
by Carrie Stokes | Sep 16, 2021 | Business Support, Finance, Tax
In recent years we have all been bombarded with calls about PPI claims, and at present, missold payday loans. If any of your claims have been successful and you have received payment, an element of the money you received would have been interest. This interest will...
by Carrie Stokes | Aug 19, 2021 | Business Support, Finance, Tax
There’s an unspoken truth when it comes to tax advice: for business owners, there’s a complete lack of transparency from advisors over what tax advice actually is. This means as a business owner: …..you don’t know what to expect from your accountant …..you don’t know...
by Carrie Stokes | Aug 10, 2021 | Business Support, Finance, Tax
A question I get asked all the time is: ‘What can I take out of my business?’ and ‘how do I save more tax?’ Well, the quick answer is, ‘there’s up to 32 ways to get value out of your business, tax efficiently.’ Yep, that’s a lot of ways ⬇️ But the truth...
by Carrie Stokes | Jul 15, 2021 | Business Support, Finance, Tax
by Jim Batt, Client Manager Jim Batt is an ACCA qualified accountant who recently joined the Spotlight team as Client Manager. He brings with him a broad range of experience including Charity Accounts, Insurance Brokers, Construction and Retail as well as a wealth of...
by Carrie Stokes | Jul 6, 2021 | Business Planning, Business Support, Finance
Do you drive your car without looking at the dashboard? How would you know if you were speeding? Do you wait for your Annual accounts to arrive before you look at your numbers for the year? By the time the accounts have been finalised the data is...
