Oct 31, 2024 | Blog, News, Tax
Now that the most talked about budget in a generation has concluded, here are our expert insights. On balance, it was not quite as bad as many commentators thought it could have been. Certainly, there was plenty of pre-budget speculation, with some of the larger...
Sep 23, 2024 | Blog, Self Assessment, Tax
How do you know if you have to file a tax return for 2024, especially if this is your first time doing it? Here at Your Finance Team, we specialise in preparing and submitting tax returns for individuals, partnerships, limited companies and not-for-profits so we have...
Jul 29, 2024 | Blog, Business Strategy, Entrepreneurs, HMRC, News, Tax
No business owner enjoys paying tax but when the Chancellor of the Exchequer raised the rate from 19% to 25% in the 2021 budget you could be forgiven for thinking that there was an audible sharp intake of breath from companies across the UK. The blow was softened by...
Feb 14, 2022 | Blog, News, Tax, Technology
The taxation of company vehicles is one of the most complex areas of tax and as a result one that we get asked about the most. It is not helped by the fact that the rules are different depending upon how you use the vehicle, how your company provides it and whether it...
Feb 14, 2022 | Blog, News, Tax, Technology
Capital allowances on cars is one of those subjects that often surprises people when it comes time to do a corporation tax return. This is because instead of claiming depreciation as a deduction you have to claim capital allowances and these can often be different to...
Jul 14, 2021 | Blog, Cashflow Management, News, Tax, Technology, Xero
If you run a busy agency then you’ll know how important it is to have access to up to the minute information and the heart of that is a great accounting package. One of the best-known packages is Xero and the good news is that there are a lot of agencies out there...